Minimum Wage Regimes

Minimum Wage Regimes PDF Author: Irene Dingeldey
Publisher: Routledge
ISBN: 0429688369
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
This book goes beyond traditional minimum wage research to investigate the interplay between different country and sectoral institutional settings and actors’ strategies in the field of minimum wage policies. It asks which strategies and motives, namely free collective bargaining, fair pay and/or minimum income protection, are emphasised by social actors with respect to the regulation and adaptation of (statutory) minimum wages. Taking an actor-centered institutionalist approach, and employing cross-country comparative studies, sector studies and single country accounts of change, the book relates institutional and labour market settings, actors’ strategies and power resources with policy and practice outcomes. Looking at the key pay equity indicators of low wage development and women’s over-representation among the low paid, it illuminates our understandings about the importance of historical junctures, specific constellations of social actors, and sector- and country-specific actor strategies. Finally, it underlines the important role of social dialogue in shaping an effective minimum wage policy. This book will be of key interest to scholars, students and policy-makers and practitioners in industrial relations, international human resource management, labour studies, labour market policy, inequality studies, trade union studies, European politics and political economy.

Minimum Wage Regimes

Minimum Wage Regimes PDF Author: Irene Dingeldey
Publisher: Routledge
ISBN: 0429688369
Category : Business & Economics
Languages : en
Pages : 304

Get Book Here

Book Description
This book goes beyond traditional minimum wage research to investigate the interplay between different country and sectoral institutional settings and actors’ strategies in the field of minimum wage policies. It asks which strategies and motives, namely free collective bargaining, fair pay and/or minimum income protection, are emphasised by social actors with respect to the regulation and adaptation of (statutory) minimum wages. Taking an actor-centered institutionalist approach, and employing cross-country comparative studies, sector studies and single country accounts of change, the book relates institutional and labour market settings, actors’ strategies and power resources with policy and practice outcomes. Looking at the key pay equity indicators of low wage development and women’s over-representation among the low paid, it illuminates our understandings about the importance of historical junctures, specific constellations of social actors, and sector- and country-specific actor strategies. Finally, it underlines the important role of social dialogue in shaping an effective minimum wage policy. This book will be of key interest to scholars, students and policy-makers and practitioners in industrial relations, international human resource management, labour studies, labour market policy, inequality studies, trade union studies, European politics and political economy.

Analysis of minimum wage regimes across Europe

Analysis of minimum wage regimes across Europe PDF Author:
Publisher: GRIN Verlag
ISBN: 3656158223
Category : Political Science
Languages : en
Pages : 17

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Book Description
Document from the year 2011 in the subject Politics - Topic: European Union, University of Münster, language: English, abstract: 1. Definition of a “minimum wage” 2. How many countries do have a minimum wage regime across Europe? 3. How high are minimum wages across Europe? 4. Is there a trend towards the minimum wage across Europe? 5. The importance of minimum wages across Europe/ To how many people does a minimum wage apply across Europe? 6. Is the eastern European expansion of the EU a reason for the introduction of minimum wages across Europe? 7. Is a minimum wage regime favourable in economic and social terms? 8. Is there a legal right to gain a sufficient remuneration – a minimum wage? 9. How could a European perspective of a minimum wage regime look like? 10.Are there alternatives to a minimum wage? Further reading

Wage-Led Growth

Wage-Led Growth PDF Author: Engelbert Stockhammer
Publisher: Springer
ISBN: 1137357932
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Myth and Measurement

Myth and Measurement PDF Author: David Card
Publisher: Princeton University Press
ISBN: 1400880874
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.

Inequality in the Developing World

Inequality in the Developing World PDF Author: Carlos Gradín
Publisher: Oxford University Press
ISBN: 0198863969
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
An analysis of the elevated level of contemporary global economic inequality--its measurement, trends over time and geography, and the policy challenges thrown up by them, with a focus on mainly five countries--Brazil, China, India, South Africa, and Mexico.

Minimum Wages

Minimum Wages PDF Author: David Neumark
Publisher: MIT Press
ISBN: 0262141027
Category : Income distribution
Languages : en
Pages : 389

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Book Description
A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.

The Minimum Wage and Labor Market Outcomes

The Minimum Wage and Labor Market Outcomes PDF Author: Christopher J. Flinn
Publisher: MIT Press
ISBN: 0262288761
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
The introduction of a search and bargaining model to assess the welfare effects of minimum wage changes and to determine an “optimal” minimum wage. In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of results. Flinn develops a job search and wage bargaining model that is capable of generating labor market outcomes consistent with observed wage and unemployment duration distributions, and also can account for observed changes in employment rates and wages after a minimum wage change. Flinn uses previous studies from the minimum wage literature to demonstrate how his model can be used to rationalize and synthesize the diverse results found in widely varying institutional contexts. He also shows how observed wage distributions from before and after a minimum wage change can be used to determine if the change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes the construction and formal estimation of the model using commonly available data; model estimates then enable the researcher to determine directly the welfare effects of observed minimum wage changes. This model can be used to conduct counterfactual policy experiments—even to determine “optimal” minimum wages under a variety of welfare metrics. The development of the model and the econometric theory underlying its estimation are carefully presented so as to enable readers unfamiliar with the econometrics of point process models and dynamic optimization in continuous time to follow the arguments. Although most of the book focuses on the case where only the unemployed search for jobs in a homogeneous labor market environment, later chapters introduce on-the-job search into the model, and explore its implications for minimum wage policy. The book also contains a chapter describing how individual heterogeneity can be introduced into the search, matching, and bargaining framework.

Wage bargaining under the new European Economic Governance

Wage bargaining under the new European Economic Governance PDF Author: Guy Van Gyes
Publisher: ETUI
ISBN: 2874523739
Category : Collective bargaining
Languages : en
Pages : 419

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Book Description
Within the framework of the new European economic governance, neoliberal views on wages have further increased in prominence and have steered various reforms of collective bargaining rules and practices. As the crisis in Europe came to be largely interpreted as a crisis of competitiveness, wages were seen as the core adjustment variable for ‘internal devaluation’, the claim being that competitiveness could be restored through a reduction of labour costs. This book proposes an alternative view according to which wage developments need to be strengthened through a Europe-wide coordinated reconstruction of collective bargaining as a precondition for more sustainable and more inclusive growth in Europe. It contains major research findings from the CAWIE2 – Collectively Agreed Wages in Europe – project, conducted in 2014–2015 for the purpose of discussing and debating the currently dominant policy perspectives on collectively-bargained wage systems under the new European economic governance.

What Does the Minimum Wage Do?

What Does the Minimum Wage Do? PDF Author: Dale Belman
Publisher: W.E. Upjohn Institute
ISBN: 0880994568
Category : Political Science
Languages : en
Pages : 489

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Book Description
Belman and Wolfson perform a meta-analysis on scores of published studies on the effects of the minimum wage to determine its impacts on employment, wages, poverty, and more.

The World Bank Research Observer

The World Bank Research Observer PDF Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300

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Book Description