Principle 14 of the European Pillar of Social Rights (EPSR) lays the foundation for the right to an adequate minimum income. The Commission's Action Plan on the implementation of the EPSR - presented on March 4, 2021 - proposes a Council Recommendation on minimum income to be adopted in 2022. In...
This note estimates the employment effects of statutory minimum wages for a panel of EU member states. Statistically significant negative effects of the minimum wage are found for young adults (ages 20-24), with estimated elasticities of about –0.15 to –0.2 in the preferred specifications. This ...
This note analyses the impact of an increase in the minimum wage in France on the overall wage distribution for the period 2007 to 2012. The findings suggest that minimum wage increases have spill-over effects on the wage distribution and may increase wages up to the eighth decile, with the high...