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...

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Autores principales: Sánchez-Vellvé,Francisco, León,Manuel
Lenguaje:English
Publicado: Universidad de Chile. Departamento de Economía 2021
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862021000100035
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spelling oai:scielo:S0718-528620210001000352021-10-27EU minimum wages: To what extent does ideology matter?Sánchez-Vellvé,FranciscoLeón,Manuel Politics ideology minimum wage statutory wages 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.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.48 n.1 20212021-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862021000100035en10.4067/S0718-52862021000100035
institution Scielo Chile
collection Scielo Chile
language English
topic Politics
ideology
minimum wage
statutory wages
spellingShingle Politics
ideology
minimum wage
statutory wages
Sánchez-Vellvé,Francisco
León,Manuel
EU minimum wages: To what extent does ideology matter?
description 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.
author Sánchez-Vellvé,Francisco
León,Manuel
author_facet Sánchez-Vellvé,Francisco
León,Manuel
author_sort Sánchez-Vellvé,Francisco
title EU minimum wages: To what extent does ideology matter?
title_short EU minimum wages: To what extent does ideology matter?
title_full EU minimum wages: To what extent does ideology matter?
title_fullStr EU minimum wages: To what extent does ideology matter?
title_full_unstemmed EU minimum wages: To what extent does ideology matter?
title_sort eu minimum wages: to what extent does ideology matter?
publisher Universidad de Chile. Departamento de Economía
publishDate 2021
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862021000100035
work_keys_str_mv AT sanchezvellvefrancisco euminimumwagestowhatextentdoesideologymatter
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