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The international experience of minimum wages in an economic downturn

What should governments do with the level of the minimum wage (MW) in times of recession? In an economic downturn when most workers face falling real wages is it appropriate to let the MW fall or are the positive effects of the MW on inequality enough to justify its uprating–and if so what... Full description

1st Person: Dolton, Peter
Additional Persons: Bondibene, Chiara Rosazza verfasserin; Schivardi, Fabiano verfasserin; Spinnewijn, Johannes verfasserin
Source: in Economic policy : a European forum Vol. 27, No. 69 (2012), p. 99-142
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Type of Publication: Article
Language: English
Published: 2012
Keywords: research-article
Online: Volltext
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