NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Optimal Minimum Wage Policy in Competitive Labor Markets

David Lee, Emmanuel Saez

NBER Working Paper No. 14320
Issued in September 2008

---- Acknowledgements -----

We thank Daron Acemoglu, Marios Angeletos, Pierre Cahuc, David Card, Kenneth Judd, Guy Laroque, Etienne Lehmann, and numerous seminar participants for useful discussions and comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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