PL EN


2004 | 51 | 4 | 293-324
Article title

The employment consequences of the 2001 rise in the minimum wage

Authors
Title variants
Languages of publication
HU
Abstracts
EN
The Hungarian government increased the minimum wage from HUF 25,500 to HUF 40,000 in January 2001. One year later, the wage floor rose further to HUF 50,000. The paper looks at the short-run impact of the first hike on small-firm employment and flows between employment and unemployment. It finds that the hike significantly increased labour costs and reduced employment in the small-firm sector and adversely affected the job-retention and job-finding chances for low-wage workers. While the conditions for a positive employment effect were mostly met in depressed regions, the spatial inequalities were amplified, rather than reduced by the measure.
Year
Volume
51
Issue
4
Pages
293-324
Physical description
Document type
ARTICLE
Contributors
author
author
  • G. Kertesi, no address given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
06HUAAAA00661650
YADDA identifier
bwmeta1.element.62fb83f9-f996-381f-89a2-f22061c1e192
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