Analyses minimum wage developments in the last ten years or so in 14 of the EU-27 countries and in Turkey. Considers the role of increased mobility of goods and services, capital and labour, and the issue of harmonization between individual member States

This book provides in-depth and innovative analysis of the minimum wage in Europe. The authors explore its role and scope within the enlarged EU, and address the question of whether there should be harmonization between the individual member states or even a common EU minimum wage. They also...

With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To...