The minimum wage in Ireland increased every year from 2016 to 2025. We investigate whether these minimum wage increases led to a higher likelihood of minimum wage employees becoming unemployed or inactive. To do this, we implement a difference-in-differences methodology that compares the changes...

In recent years, minimum wage policy in Europe has undergone a profound change: Many EU countries have raised their minimum wages above average and focused on the goal of ensuring an adequate standard of living. A consolidation of the new course is now emerging, as EU countries are now...

This article presents an overview of the Austrian system of collective bargaining that is characterized by largely autonomous wage-setting between social partners and high coverage rates. The paper outlines the historical origins and the fundamental ideas behind the Austrian regulatory system,...

We examine a subminimum wage policy in the Finnish retail trade sector during 1993-1998 that allowed firms to pay subminimum wages to newly hired workers under the age of 25. This quasi-experiment enables us to compare wages for new hires in retail trade with those in similar industries. Despite...

China's Industrial Transfer Policy (ITP) is a novel place-based development policy of unprecedented scale. The policy targets a set of inland cities aiming to i) grow them in size and ii) restructure them into manufacturing hubs. These cities would eventually relieve pressure in China's coastal...

Chapter 1. introduction -- Chapter 2. The German Hyperinflation of 1923 -- Chapter 3. Macroeconomic Developments from the End of theof the 1960s to the early 1980s -- Chapter 4. The Inflation Wave from the Late 1960s onward -- Chapter 5. Comparison of developments in the various countries --...

This article studies the historical evolution of the minimum wage policy in Mexico. From 1940 to 2021, the determination of the minimum wage changed from local control to the federal government. This implies a reduction in the number of geographic zones determining a minimum wage over time. We...

Die vorliegende Analyse untersucht, welche Zusammenhänge zwischen dem Tarifgeschehen sowie den seit Juni 2020 von der Mindestlohnkommission beschlossenen Anpassungen des gesetzlichen Mindestlohns bestehen und welchen Einfluss der politische Eingriff in den Anpassungsmechanismus im Jahr 2022...

Klappentext: Streiks sind Kristallisationspunkte gewerkschaftlichen Handelns, Konflikte zwischen Beschäftigten und Unternehmern werden zugespitzt. Aber Streik war und ist nicht gleich Streik. Der Entschluss, die Arbeit niederzulegen, erfordert Mut und begleitende Aktionen, um Aufmerksamkeit zu...

We model and analyze employer cartels that fix wages by committing to a wage ceiling. The setting is a frictional labor market with large employers that compete for workers via posted wages. Wage fixing reduces competition both inside and outside the cartel, leading to market-wide wage...

Dieser Beitrag analysiert Deutschlands exportorientiertes Wachstumsmodell in den Jahren 1991 bis 2019. Er richtet sich speziell an Leserinnen und Leser mit Interesse an politökonomischen Problemstellungen, aber ohne spezielle Vorkenntnisse über Forschungsansätze der Vergleichenden Politischen...

The public sector plays a large role in many developing economies, but its effect on earnings inequality dynamics has not been widely studied. In this paper, we investigate the earnings inequality trends and their determinants in the decades before and after the Tunisian Revolution, focusing on...

This paper applies principles from evolutionary biology to the study of unions. We show that unions which maximize the present discounted wages of current members will be displaced in evolutionary competition by unions with more moderate wage policies that allow their firms to live longer. This...

We describe the economic history of the rise of the American minimum wage between 1910 and 1968. Each new FLSA amendment led to a new peak in the real purchasing power of the national minimum. Exemptions to the FLSA were progressively closed and the share of workers covered finally increased...

Dieser Beitrag analysiert Deutschlands exportorientiertes Wachstumsmodell in den Jahren 1991 bis 2019. Er richtet sich speziell an Leserinnen und Leser mit Interesse an politökonomischen Problemstellungen, aber ohne spezielle Vorkenntnisse über Forschungsansätze der Vergleichenden Politischen...

Die Inflationsdynamik hat sich bislang noch nicht auf die gesamtwirtschaftliche Tariflohndynamik übertragen. Es gab zwar einzelne Abschlüsse, die überdurchschnittlich hoch ausfielen - etwa der Abschluss in der Eisenund Stahlindustrie, der neben einem einmaligen "Energiebonus" von 500 Euro...