Busting the Myth : The Impact of Increasing the Minimum Wage : The Experience of Romania (English)

This paper discusses the impact of a gradual, pre-announced significant increase of the minimum wage during 2013–16 in Romania. The main finding is that the positive effects prevail when the starting level of increase in the minimum wage is very low and the economy is in a negative output gap. Evidence shows that employment has increased, mainly at the minimum wage level, therefore making a shift toward a more balanced wage distribution. This measure...

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Author

Heemskerk,Frank;

Voinea,Liviu;

Cojocaru,Alexandra;
Document Date
2018/10/31
Document Type
Policy Research Working Paper
Report Number
WPS8632
Volume No
1
Total Volume(s)
1
Country
Romania,
Region
Europe and Central Asia,
Disclosure Date
2018/10/31
Disclosure Status
Disclosed
Doc Name
Busting the Myth : The Impact of Increasing the Minimum Wage : The Experience of Romania
Keywords
minimum wage

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Citation

Heemskerk,Frank; Voinea,Liviu; Cojocaru,Alexandra.

Busting the Myth : The Impact of Increasing the Minimum Wage : The Experience of Romania (English). Policy Research working paper|no. WPS 8632 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/293601540996755457

Busting the Myth : The Impact of Increasing the Minimum Wage : The Experience of Romania (English)

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