Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162535
Authors: 
Arpaia, Alfonso
Cardoso, Pedro
Kiss, Aron
van Herck, Kristine
Vandeplas, Anneleen
Year of Publication: 
2017
Series/Report no.: 
IZA Policy Paper 124
Abstract: 
This paper analyses some macroeconomic implications of the statutory minimum wage in the member states of the European Union and assesses how its institutional design influences these outcomes. First, the paper looks at the institutional dimensions of statutory minimum wage setting. On the basis of this information, an indicator of institutional stringency is built to characterise the degree of predictability of minimum wage setting. Second, it explores the impact of minimum wage changes on employment, prices, consumption, and poverty.
Subjects: 
minimum wage
statutory minimum wage
composite indicator
poverty
in-work poverty
European Union
JEL: 
J38
J52
E24
I32
Document Type: 
Working Paper

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