Effects in the UK of EC Wage Proposals in the Social Charter

This article considers the impact of minimum wage legislation on wages, employment and gross domestic product. Using the Liverpool quarterly model of the UK to calculate the total effects in the economy, the authors suggest that unemployment would increase along with the real wages of low paid workers.

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Year of publication:	1991
Authors:	Minford, Patrick ; Ashton, Paul
Published in:	International Journal of Manpower. - MCB UP Ltd, ISSN 1758-6577, ZDB-ID 2032092-9. - Vol. 12.1991, 2, p. 20-23
Publisher:	MCB UP Ltd
Subject:	Social charter \| United Kingdom \| Unemployment \| Remuneration

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/01437729110003598 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014783536