The Impact of Minimum-Wages on Industrial-Wages and Employment in Greece

Koutsogeorgopoulou, V. (1994) The Impact of Minimum-Wages on Industrial-Wages and Employment in Greece. International Journal of Manpower, 15 (2-3). pp. 86-99. ISSN 0143-7720. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1108/01437729410059369

Abstract

Examines the employment effects of minimum wage regulation on Greek manufacturing for the period 1962-87. The empirical analysis is carried out in three steps. First, estimates the effect of the minimum wage on the average wages of adult male and female industrial workers to derive estimates of wage elasticities of each type of labour with respect to the minimum wage. Second, estimates labour demand equations for the two types of labour to derive the employment elasticities with respect to the corresponding average wage. Finally, provides estimates on the employment effects of the minimum wage by combining the results derived in the first two stages. The results provide some indications that the minimum wage plays a more significant role in the employment of female than male workers in manufacturing, and suggest that minimum wages positively affect the average real wage of both types of workers examined.

Item Type: Article
Uncontrolled keywords: EMPLOYMENT; GREECE; INDUSTRY; MINIMUM WAGE; WAGES
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Faculties > Social Sciences > Kent Business School > Management Science
Depositing User: P. Ogbuji
Date Deposited: 25 Jun 2009 07:30
Last Modified: 25 Jun 2009 07:30
Resource URI: http://kar.kent.ac.uk/id/eprint/20295 (The current URI for this page, for reference purposes)
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