Understanding the Drivers of Minimum Wage-Setting: An Analysis of 146 Countries
Tijdens, K.G. & van Klaveren, M. (2019). Understanding the Drivers of Minimum Wage-Setting: An Analysis of 146 countries. Presentation at ILO's 6th RDW Conference in Geneva. AIAS - WageIndicator Foundation, Amsterdam
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ABSTRACT
The body of knowledge –minimum wages
Literature
Trends >> Minimum wage dynamics over time, taking a reference MW per country
• Employment effects >> Does an increased MW affects employment negatively? >> mixed findings
• Kaitzindex >> Rations of minimum to median wage
• Wage-setting institutions and relationship to collective bargaining
• Compliance with minimum wage rates
Lacking
• Reconstruction of countries’ MW policies from their minimum wage rates