Analysis of the minimum wage in the Czech Republic and its effect on selected economic indicators

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F23%3A00376135" target="_blank" >RIV/68407700:21630/23:00376135 - isvavai.cz</a>

Výsledek na webu

<a href="https://msed.vse.cz/msed_2023/article/689-Janicko-Pavel-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2023/article/689-Janicko-Pavel-paper.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Analysis of the minimum wage in the Czech Republic and its effect on selected economic indicators

Popis výsledku v původním jazyce

In this article, we attempted to contribute to the ongoing debate about the impact of the minimum wage on selected elements and factors of economic development, especially on the level of employment, unemployment, and the overall situation in the labour market. The text is primarily focused on the Czech Republic, but we are not avoiding assessment of some other comparable countries, particularly in the EU. The author is aware that the given topic has been and is intensively subjected to all kinds of analyses and discussions, but it is still necessary to recapture the given context in the light of current data and facts. The author provides an overview of some other ways of forming quantities that are supposed to influence the social and income situation on the labour market, such as a decent wage or a living wage. The article also describes the current positions of the EC and ETUC on the introduction of e EU standards in this area. The main weight of the article is in its last part, where, on the basis of the latest data, the relationship between the development of the minimum wage and unemployment, real wages, and real GDP growth.

Název v anglickém jazyce

Analysis of the minimum wage in the Czech Republic and its effect on selected economic indicators

Popis výsledku anglicky

In this article, we attempted to contribute to the ongoing debate about the impact of the minimum wage on selected elements and factors of economic development, especially on the level of employment, unemployment, and the overall situation in the labour market. The text is primarily focused on the Czech Republic, but we are not avoiding assessment of some other comparable countries, particularly in the EU. The author is aware that the given topic has been and is intensively subjected to all kinds of analyses and discussions, but it is still necessary to recapture the given context in the light of current data and facts. The author provides an overview of some other ways of forming quantities that are supposed to influence the social and income situation on the labour market, such as a decent wage or a living wage. The article also describes the current positions of the EC and ETUC on the introduction of e EU standards in this area. The main weight of the article is in its last part, where, on the basis of the latest data, the relationship between the development of the minimum wage and unemployment, real wages, and real GDP growth.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

The 17th International Days of Statistics and Economics Conference Proceedings

ISBN

978-80-87990-31-5

ISSN

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e-ISSN

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Počet stran výsledku

13

Strana od-do

233-245

Název nakladatele

Libuše Macáková, MELANDRIUM

Místo vydání

Slaný

Místo konání akce

Praha

Datum konání akce

7. 9. 2023

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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