The debate on the economic effects of minimum wage legislation
European Journal of Government and Economics
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Title |
The debate on the economic effects of minimum wage legislation
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Creator |
Ruesga-Benito, Santos Miguel
González-Laxe, Fernando Ignacio Picatoste, Jose |
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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.
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Publisher |
Europa Grande
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Date |
2017-12-31
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
application/vnd.openxmlformats-officedocument.presentationml.presentation application/vnd.openxmlformats-officedocument.presentationml.presentation application/vnd.openxmlformats-officedocument.presentationml.presentation application/vnd.openxmlformats-officedocument.presentationml.presentation application/vnd.openxmlformats-officedocument.spreadsheetml.sheet |
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Identifier |
http://www.ejge.org/index.php/ejge/article/view/132
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Source |
European Journal of Government and Economics; Vol. 6 No. 2 (2017); 171-190
2254-7088 |
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Language |
eng
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Relation |
http://www.ejge.org/index.php/ejge/article/view/132/76
http://www.ejge.org/index.php/ejge/article/view/132/99 http://www.ejge.org/index.php/ejge/article/view/132/100 http://www.ejge.org/index.php/ejge/article/view/132/101 http://www.ejge.org/index.php/ejge/article/view/132/102 http://www.ejge.org/index.php/ejge/article/view/132/103 |
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Rights |
Copyright (c) 2017 Santos Miguel Ruesga-Benito, Fernando Ignacio González-Laxe, Jose Picatoste
https://creativecommons.org/licenses/by-nc/4.0 |
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