in Estudios de economía
EU minimum wages: To what extent does ideology matter?
Abstract:
This paper estimates the importance of the political and ideological position of the ruling party in determining the minimum wage in the European Union Member States. To this end, a database that establishes the position of each government in each country and year is built. Using the panel data methodology, we conclude that the center-right governments tend to have lower relative minimum wages. The same result is found when the Chapel Hill Expert Survey policy indexes the are used. Ideology does not discriminate between conservative or liberal governments due to both of them setting minimum wages at similar levels, though lower than governments of social ideology.
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Abstract:
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The article was received on Sat, 31 Oct 2020, accepted on Sun, 31 Jan 2021, and published on .
Copyright & License
Este es un artículo publicado en acceso abierto bajo una licencia Creative Commons
Author
Francisco Sánchez-Vellvé
CES Cardenal Cisneros, Madrid, España, España
Author
Manuel León
CES Cardenal Cisneros, Madrid, España, España