Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10479846 | Labour Economics | 2012 | 10 Pages |
Abstract
⺠Theory and data indicate that the setting of the minimum wage matters. ⺠A wage floor set by the Government is lower than one set within collective bargaining. ⺠This holds under a broad set of circumstances: institutional variables also matter. ⺠Data on 68 countries point to sizeable premium of bargained over legislated minimum wages. ⺠This premium can be interpreted as a causal effect of the fixing regime on levels.
Related Topics
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Economics and Econometrics
Authors
Tito Boeri,