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The debate on the economic effects of minimum wage legislation

European Journal of Government and Economics

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Field Value
 
Title The debate on the economic effects of minimum wage legislation
 
Creator Ruesga-Benito, Santos Miguel
González-Laxe, Fernando Ignacio
Picatoste, Jose
 
Subject political economy; minimum wage; employment; economic inequality
J38
 
Description The minimum wage establishment has its origin in the first third of the last century. Since its creation has been a focus of continuing controversy and an unfinished debate on economics field. This work reviews the effects of the minimum wage on employment and other macroeconomic variables, from both theoretical and empirical perspectives. The method is based on the revision of the literature and the main economic indicators. The central contribution of this paper is providing a general reflection on theoretical and empirical analysis about the debate on minimum wage and its effects. The results showed that some labor policies are taking account the effects of austerity strategies, shifting the attention towards the implementation of minimum wages or their updating, in order to reduce the growing inequalities in the distribution of income, and even poverty levels.
 
Publisher Europa Grande
 
Contributor
 
Date 2017-12-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ejge.org/index.php/ejge/article/view/132
 
Source European Journal of Government and Economics; Vol 6, No 2 (2017); 171-190
2254-7088
 
Language eng
 
Relation http://www.ejge.org/index.php/ejge/article/view/132/76
http://www.ejge.org/index.php/ejge/article/downloadSuppFile/132/59
http://www.ejge.org/index.php/ejge/article/downloadSuppFile/132/60
http://www.ejge.org/index.php/ejge/article/downloadSuppFile/132/61
http://www.ejge.org/index.php/ejge/article/downloadSuppFile/132/62
http://www.ejge.org/index.php/ejge/article/downloadSuppFile/132/66
 
Rights Copyright (c) 2017 Santos Miguel Ruesga-Benito, Fernando Ignacio González-Laxe, Jose Picatoste
http://creativecommons.org/licenses/by-nc/4.0