The Minimum Wage Revisited in the Enlarged EU
This book provides in-depth and innovative analysis of the minimum wage in Europe. The authors explore its role and scope within the enlarged EU, and address the question of whether there should be harmonization between the individual member states or even a common EU minimum wage. They also examine the impact of the minimum wage at the national level, looking at trends and effects through case studies of specific policy issues and industrial sectors.Minimum wage fixing has returned quite prominently to the core of policy debates as evidenced by the adoption of a statutory minimum wage in Ireland and the UK, a minimum wage agreement in Austria and the ongoing discussions in Germany and Sweden. Proposals to have common rules at the EU level have also multiplied since enlargement, in particular to minimize ?social dumping? and allow increased transnational mobility. This book assesses the renewed interest in the minimum wage in Europe, identifying the concrete effects of minimum wage fixing on employment, low pay, wage disparity, collective bargaining and migration.Bringing together 15 national studies from noted European specialists in the field, this timely collection aims to stimulate the current debate. It will appeal to academics, students, researchers and policymakers working in labour economics in particular, and European studies more generally.
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A shift in minimum wage policy
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According adjusted adult agreed average wage calculations cent collective agreements collective bargaining Commission compared competition construction contributions costs countries decline decrease differentiation distribution earnings economic effects employ employees employment enterprises estimated Estonia European example Figure firms fixing France full-time Germany gross growth higher hourly household impact important income industry introduction Ireland issue Italy labour market less limit low pay low wages low-wage lower lowest median Member migration mini minimum wage earners minimum wage increases mum wage national minimum wage negotiations Netherlands Note paid part-time percentage period points positive poverty productivity ratio recent reduce regional relations relatively reported representatives result rise role sector share shows significant SMIC social Source Statistics survey Sweden Table trade unions trend Turkey United Kingdom wage level workers