Tag Archives: minimum wages

Thematic series: Reforming minimum wage and labor regulation policies in developing economies

Minimum wages are a not just a hot policy issue in the United States and other highly developed nations. They are also a central aspect of the policy discourse in developing and transition economies, with diametrically opposite perspectives dominating the … Continue reading

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David Neumark on the employment effects of minimum wages

In a video interview, IZA Fellow David Neumark (University of California, Irvine) talks about the employment effects of minimum wages – one of the most hotly debated issues in labor economics. Although a minimum wage policy is intended to ensure … Continue reading

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IZA World of Labor: Global experts discuss aid, youth unemployment and minimum wages

A series of IZA World of Labor events hosted by such prominent international partners as the LSE, CEMFI and the OECD debate the evidence of topical labor market issues and implications for policy making. The panel discussions aim to provide … Continue reading

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Youth unemployment in Europe: What employers and policy makers can do

Youth unemployment has become one of the most pressing and highly discussed issues in Europe in the aftermath of the 2008 recession. However, there is major divergence in youth unemployment rates across European countries with massive increases in Spain, Greece, … Continue reading

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Minimum wages: a 1768 discussion

Benjamin Franklin apparently understood the notion that input prices affect product prices, which is a problem because product demand curves are not completely inelastic.  Discussing a minimum wage, he noted, “A law might be made to raise their [workers’] wages; … Continue reading

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