competitive labour market with friction. -- minimum wage and employment ; minimum wage paradox ; friction and search in the labour …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 …

of the non-pensioner population of Hungary. The data base was created by supplementing the CSO's Labour Force Survey … (wave 2008 January-March) with data on the respondent's labour market histories as registered at the ONYF. The data allows … for the modelling work undertaken by the Roundtable. -- employment ; pensions ; Hungary …