In contrast to common theoretical expectations, the negative employment effects of minimum wages have mostly been found to be small or insignificant by empirical studies. In order to explain these findings, we use a labor market model that is based on the insight that market wages may be...

The effect of minimum wages on employment is a matter of debate, and the existing empirical literature contains mixed results. One reason for this is the methodological difficulties involved where changes in minimum wages are endogenous to other important economic changes. To overcome this...

This paper examines the impact of minimum wage policies on employment, income, and working time of Chinese workers. Using data from China Health and Nutrition Survey, we focus on identifying the effects of minimum wage adjustments using a pre-specified model. We control for lagged minimum wage...

The purpose of the minimum wage is to stabilize a worker’s life and improve the quality of the labor force by guaranteeing a minimum level of wages, thereby contributing to the sound development of the national economy (MINIMUM WAGE ACT.)The Minimum Wage Council (MWC) consists of 27 members...

The paper aims to assess the impact of selected elements of social harmonization on labor market performance in the European Union among two groups of workers - the total working population and the elderly. The aim is to examine whether upward changes in labor taxes affect employment,...

This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...

This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...

The Czech labour market has undergone significant changes as a consequence of economic restructuring. This paper analyses these changes, highlighting both the impact of the recent economic crisis and some of the longer-run determinants of the Czech labour market. The higher share of tertiary...

Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...

Using the Indian National Sample Surveys and Participatory Labour Force Survey this paper presents a descriptive analysis of the role of education, occupation, wages and intersectoral movement of labour on the evolving demand for skills over the period of 1999-00 to 2017-18. First, the paper...