Minimum wages in a dual labour market: Evidence from the 2019 minimum-wage hike in Spain
This paper provides an assessment of the 2019 minimum-wage hike in Spain, which increased the minimum wage by 22% and directly concerned 7% of dependent employees. The assessment is based on an individual-level analysis that follows the outcomes of workers that were employed in the year before the r...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2023
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| Schriftenreihe: | OECD Social, Employment and Migration Working Papers
no.298 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper provides an assessment of the 2019 minimum-wage hike in Spain, which increased the minimum wage by 22% and directly concerned 7% of dependent employees. The assessment is based on an individual-level analysis that follows the outcomes of workers that were employed in the year before the reform over time. Among directly affected workers, the hike in the minimum wage increased full-time equivalent monthly earnings by on average 5.8% and reduced employment by -0.6%. The wage effects are stronger for workers on open-ended contracts, while the employment effects are stronger for workers on fixed-term contracts. |
| Beschreibung: | 1 Online-Ressource (46 p.) 21 x 28cm. |
| DOI: | 10.1787/7ff44848-en |
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| spelling | Hijzen, Alexander VerfasserIn aut Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain Alexander, Hijzen, Mateo, Montenegro and Ana Sofia, Pessoa Paris OECD Publishing 2023 1 Online-Ressource (46 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Social, Employment and Migration Working Papers no.298 This paper provides an assessment of the 2019 minimum-wage hike in Spain, which increased the minimum wage by 22% and directly concerned 7% of dependent employees. The assessment is based on an individual-level analysis that follows the outcomes of workers that were employed in the year before the reform over time. Among directly affected workers, the hike in the minimum wage increased full-time equivalent monthly earnings by on average 5.8% and reduced employment by -0.6%. The wage effects are stronger for workers on open-ended contracts, while the employment effects are stronger for workers on fixed-term contracts. Employment Social Issues/Migration/Health Spain Montenegro, Mateo MitwirkendeR ctb Pessoa, Ana Sofia MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/7ff44848-en Volltext |
| spellingShingle | Hijzen, Alexander Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain Employment Social Issues/Migration/Health Spain |
| title | Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain |
| title_auth | Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain |
| title_exact_search | Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain |
| title_full | Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain Alexander, Hijzen, Mateo, Montenegro and Ana Sofia, Pessoa |
| title_fullStr | Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain Alexander, Hijzen, Mateo, Montenegro and Ana Sofia, Pessoa |
| title_full_unstemmed | Minimum wages in a dual labour market Evidence from the 2019 minimum-wage hike in Spain Alexander, Hijzen, Mateo, Montenegro and Ana Sofia, Pessoa |
| title_short | Minimum wages in a dual labour market |
| title_sort | minimum wages in a dual labour market evidence from the 2019 minimum wage hike in spain |
| title_sub | Evidence from the 2019 minimum-wage hike in Spain |
| topic | Employment Social Issues/Migration/Health Spain |
| topic_facet | Employment Social Issues/Migration/Health Spain |
| url | https://doi.org/10.1787/7ff44848-en |
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