| Autor: |
Cristina, Burghelea, Mariana, Bălan, Mariana, Vuţă |
| Předmět: |
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| Zdroj: |
Ovidius University Annals, Series Economic Sciences; 2014, Vol. 14 Issue 2, p144-148, 5p |
| Abstrakt: |
Administrative prices, lower or upper price limit imposed by the state has consequences for employees and employers: an increase in the minimum wage is lower and is below the price of the offer is irrelevant to this situation, the emergence of rising inflation imposed minimum wage increase, so all employers would like to increase selling prices of products not to fail, directly generating involuntary unemployment imposed minimum wage increase, employers can not raise prices because they compete directly with other existing companies market efficiency activities will be reduced, it will go bankrupt and employees will no longer have a job. Article demonstrates the importance of the minimum wage in a distorted economy and the way it contributes to competitive economic growth. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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