Język Polski
English
Published
:
2017-02-28
Minimal Wage versus Economic Development - Overview
Sławomir Jankiewicz
Patryk Trząsalski
Abstract
Currently one can observe a growing interest into the significance of minimum wage for the labor market and its influence onto the economy. Most economists assume that the increase in wages does not have a negative effect onto the economy provided it is lower than the growth in work productivity. There are, however problems, determining the extent of the minimum wage increase and its significance for the labor market and GDP. The purpose of the following paper is to present a synthetic overview of existing knowledge and analyses results in terms of the interdependences between the changes in the minimal wage and the labor market and GDP. This is the starting point for further research which should give the answer to the question on the connection between the labor market, economic development and the minimum wage in the local context.(original abstract)Keywords:
Minimum wage, Labour market, Economic developmentMost read articles by the same author(s)
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Jankiewicz, S., & Trząsalski, P. (2017). Minimal Wage versus Economic Development - Overview. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 72(1). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/851