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Effects in the UK of EC Wage Proposals in the Social Charter

Effects in the UK of EC Wage Proposals in the Social Charter This article considers the impact of minimumwage legislation on wages, employment and grossdomestic product. Using the Liverpool quarterlymodel of the UK to calculate the total effects inthe economy, the authors suggest thatunemployment would increase along with the realwages of low paid workers. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Manpower Emerald Publishing

Effects in the UK of EC Wage Proposals in the Social Charter

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0143-7720
DOI
10.1108/01437729110003598
Publisher site
See Article on Publisher Site

Abstract

This article considers the impact of minimumwage legislation on wages, employment and grossdomestic product. Using the Liverpool quarterlymodel of the UK to calculate the total effects inthe economy, the authors suggest thatunemployment would increase along with the realwages of low paid workers.

Journal

International Journal of ManpowerEmerald Publishing

Published: Feb 1, 1991

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