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  • There is a great number of empirical papers which deals with the effect of minimum wage on unemployment. However those studies usually do not take into account the way of minimum wage setting which may be the source of its heterogeneous effects. Using panel data from OECD Statistical database (period of 1985-2011) we investigate relationship between unemployment and minimum wage in developed countries. In our analysis we focus on different effects of differently set minimum wages. We show that the minimum wage setting mechanism matters with respect to the eect of minimum wage on unemployment.
  • There is a great number of empirical papers which deals with the effect of minimum wage on unemployment. However those studies usually do not take into account the way of minimum wage setting which may be the source of its heterogeneous effects. Using panel data from OECD Statistical database (period of 1985-2011) we investigate relationship between unemployment and minimum wage in developed countries. In our analysis we focus on different effects of differently set minimum wages. We show that the minimum wage setting mechanism matters with respect to the eect of minimum wage on unemployment. (en)
Title
  • Minimum wage setting mechanism and its effects
  • Minimum wage setting mechanism and its effects (en)
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  • Minimum wage setting mechanism and its effects
  • Minimum wage setting mechanism and its effects (en)
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  • RIV/00216224:14560/14:00076843!RIV15-MSM-14560___
http://linked.open...avai/riv/aktivita
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  • S
http://linked.open...vai/riv/dodaniDat
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  • 29481
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  • RIV/00216224:14560/14:00076843
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  • minimum wage; unemployment; setting mechanism. (en)
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http://linked.open...ontrolniKodProRIV
  • [F0B84ECCD072]
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  • Olomouc
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  • Olomouc
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  • 32nd International Conference Mathematical Methods in Eocnomics Conference Proceedings
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  • Mikula, Štěpán
  • Schulz, Jaroslav
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  • Univerzita Palackého v Olomouci
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  • 9788024442099
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  • 14560
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