A European Minimum Wage: Implications for Poverty and Macroeconomic Imbalances

A European Minimum Wage: Implications for Poverty and Macroeconomic Imbalances
A hypothetical European Minimum Wage (MW) set at 60 percent of each country’s median wage would reduce in-work poverty but have limited effects on overall poverty, as many poor households do not earn a wage near MW and higher unemployment, higher prices, and a loss of social insurance benefits may erode direct benefits. Turning to... READ MORE...

Publication date: May 2020
ISBN 9781513545073
$18.00

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