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Romania. The main finding is that the positive effects prevail when the starting level of increase in the minimum wage is very …
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one hand, and on the other hand, we analysed the minimum wage in Romania and other EU member states, namely the … migration, in particular. Then, the paper analyzes the specificity of the labor market in Romania, proposing a more in … of the labor market in Romania, the social tensions emerging on this market, and the ratio between the minimum wage and …
Persistent link: https://www.econbiz.de/10011783986
This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers mainly. However, we also found a negative impact...
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Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers - a minority in most developing countries - many of whom do not live in poor households. Whether raising minimum wages...
Persistent link: https://www.econbiz.de/10011416331
According to economic theory, a minimum wage reduces the number of low-wage jobs and increases the number of available workers, allowing greater hiring selectivity. More competition for a smaller number of low-wage jobs will disadvantage immigrants if employers perceive them as less skilled than...
Persistent link: https://www.econbiz.de/10011421987
An increase in the minimum wage in immigrant destination countries raises the earnings that low-skilled migrants could expect to attain if they were to migrate. While some studies for the US indicate that a higher minimum wage induces immigration, contrasting evidence shows that immigrants are...
Persistent link: https://www.econbiz.de/10011430781