Recent developments of social security contributions and minimum wages in the euro area

Ferdinand Dreher, Omiros Kouvavas and Gerrit Koester

Economic Bulletin Boxes, 2019, vol. 8

Abstract: The box assesses recent developments in social security contributions and minimum wages. It finds that social security contributions have led to a moderation of growth in composition of employee growth, while growth in wages and salaries per employee – excluding employers’ social security contributions – has remained quite robust. Over the last decade minimum wages have affected wage growth substantially in some countries, but only marginally in the euro area. JEL Classification: J30, J38, E24

Keywords: Minimum wages; Social security contributions; Wage growth (search for similar items in EconPapers)
Date: 2019-12
Note: 3015628
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbbox:2019:0008:5

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