DSpace Repository

Fighting "low equilibria" by doubling the minimum wage? : Hungary's experiment

Show simple item record

dc.creator Kertesi, Gábor
dc.creator Köllîo, János
dc.date 2003
dc.date.accessioned 2013-10-16T07:09:20Z
dc.date.available 2013-10-16T07:09:20Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20206
dc.identifier ppn:377477362
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20206
dc.description In January 2001 the Hungarian government increased the minimum wage from Ft 25,500 to Ft 40,000. One year later the wage floor rose further to Ft 50,000. The paper looks at the short-run impact of the first hike on small-firm employment and flows between employment and unemployment. It finds that the hike significantly increased labor costs and reduced employment in the small firm sector; and adversely affected the job retention and job finding probabilities of low-wage workers. While the conditions for a positive employment effect were mostly met in depressed regions spatial inequalities were amplified rather than reduced.
dc.language eng
dc.relation IZA Discussion paper series 970
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject P23
dc.subject J38
dc.subject R23
dc.subject ddc:330
dc.subject minimum wages
dc.subject transition
dc.subject regional labor markets
dc.subject Mindestlohn
dc.subject Beschäftigungseffekt
dc.subject Klein- und Mittelunternehmen
dc.subject Regionaler Arbeitsmarkt
dc.subject Regionale Disparität
dc.subject Ungelernte Arbeitskräfte
dc.subject Schätzung
dc.subject Ungarn
dc.title Fighting "low equilibria" by doubling the minimum wage? : Hungary's experiment
dc.type doc-type:workingPaper

Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search DSpace

Advanced Search


My Account