At the beginning of 1992 the Hungarian Central Statistical Office carried out a new Labour Force Survey (LFS) employing the concepts of ILO. Based on the LFS there was a supplementary survey conducted about the youth's participation in the labour market in the 4th quarter of 1996. Young people...

In the conventional textbook demand-supply model of competitive labour markets, introduction of a minimum wage above the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the case, which appears to be most readily explained by...