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Governments across the EU have been striving to get more people into work while at the same time acknowledging that more needs to be done to 'make work pay'. Yet this drive comes at a time when structural economic shifts are putting pressure on wages, especially of less skilled workers. This...
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The Directive on Adequate Minimum Wages represents a watershed initiative adding substance to the EU's social dimension. It contains two ambitious objectives: establishing the minimum level of statutory minimum wages (SMWs) at 60% of the gross median wage, and increasing collective bargaining...
Persistent link: https://www.econbiz.de/10013429172
Scholarly literature is inconclusive on how economic crises impact on minimum income protection. Earlier studies found small increases in the generosity of safety nets at the onset of the crisis. Yet an increased focus on budget austerity substantially altered the social policy context. This...
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Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical...
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This paper focuses on the role of minimum wages, tax and benefit policies in protecting workers against financial poverty, covering 21 European countries with a national minimum wage and three US States (New Jersey, Nebraska and Texas). It is shown that only for single persons and only in a...
Persistent link: https://www.econbiz.de/10009536417
Die Debatte um eine Einführung von Mindestlöhnen wird zunehmend vehement geführt. Und obwohl die Auseinandersetzung inzwischen als Prüfstein für die Stabilität der Großen Koalition und als Vorbote des anstehenden Wahlkampfes interpretiert wird, so ist doch andererseits die inhaltliche...
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