Minimum wages continue to be at the centre of the policy debates in both developed and emerging economies. Such policies can only be effective if (1) the existing regulatory system does not have gaps that allow for the payment of wages below the minimum wage, ...
In this paper Iga Magda (Warsaw School of Economics and Institute for Structural Research (IBS)), David Marsden (Centre for Economic Performance, London School of Economics and Political Science) and Simone Moriconi (Dipartimento di Economia e Finanza, Università Cattolica di Milano and Centre for Research in ...
Large-scale pension reforms can have redistributive wage effects across generations and education groups when the labour market suffers from skill mismatch. A quasi-experimental ‘retirement shock’ in Ukraine illustrates the effect of labour scarcity on wage growth and returns to education: it reveals that young and ...
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