Maximum wage

A maximum wage, also often called a wage ceiling, is a legal limit on how much income an individual can earn.[1] It is a prescribed limitation which can be used to effect change in an economic structure.[2]

  1. ^ Dietl, H.; Duschl, T.; Lang, M. (2010). "Executive Salary Caps: What Politicians, Regulators and Managers Can Learn from Major Sports Leagues" (PDF). University of Zurich, ISU Working Paper Series (129).
  2. ^ Dodd, E. Merrick (1 January 1943). "From Maximum Wages to Minimum Wages: Six Centuries of Regulation of Employment Contracts". Columbia Law Review. 43 (5): 643–687. doi:10.2307/1117231. JSTOR 1117231.

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