Minimum wage setting mechanism and its effects

Autoři

MIKULA Štěpán SCHULZ Jaroslav

Rok publikování 2014
Druh Článek ve sborníku
Konference 32nd International Conference Mathematical Methods in Eocnomics Conference Proceedings
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www Conference proceedings
Obor Ekonomie
Klíčová slova minimum wage; unemployment; setting mechanism.
Popis 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.
Související projekty:

Používáte starou verzi internetového prohlížeče. Doporučujeme aktualizovat Váš prohlížeč na nejnovější verzi.