AMBIGUOUS EFFECTS OF MINIMUM WAGE TOOL OF LABOUR MARKETS REGULATION – KEY STUDY OF V4 COUNTRIES
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F21%3A%230000879" target="_blank" >RIV/04274644:_____/21:#0000879 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31150/21:00057339
Result on the web
<a href="https://www.eurrec.org/ijoes-article-116992" target="_blank" >https://www.eurrec.org/ijoes-article-116992</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.52950/ES.2021.10.2.004" target="_blank" >10.52950/ES.2021.10.2.004</a>
Alternative languages
Result language
angličtina
Original language name
AMBIGUOUS EFFECTS OF MINIMUM WAGE TOOL OF LABOUR MARKETS REGULATION – KEY STUDY OF V4 COUNTRIES
Original language description
In this paper we analyze the effect of minimum wage change on selected labour market indicators such as duration of employment, hours worked, unemployment by education or profession or long-term unemployment. Our research is based on Eurostat and OECD data for V4 countries. The hypothesis discussed is whether the effect of minimum wage increase is positive or negative and we discuss the issue of economic regulation more generally. The output values of the regressions coefficients of all the V4 countries showed that the effects are more positive than negative. Mapping the overall intensity of effects of the minimum wage on selected indicator of the labour market in the Czech Republic and Hungary indicated a low sensitivity. The effects were very weak in Slovakia and Poland. The results of the analysis complied with the results of the domestic and international research in 13 cases and the results were different in 6 cases. Slightly more often they confirmed more positive effects of the minimum wage on selected indicators of the labour market than negative effects.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Economic Sciences
ISSN
1804-9796
e-ISSN
1804-9796
Volume of the periodical
10
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
28
Pages from-to
59-86
UT code for WoS article
000735775500004
EID of the result in the Scopus database
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