Lowering wage inequality with the minimum wage increase in Slovenia
Suzana Laporšek,
Milan Vodopivec and
Matija Vodopivec
Authors registered in the RePEc Author Service: Suzana Laporšek
International Journal of Sustainable Economy, 2021, vol. 13, issue 3, 306-321
Abstract:
The paper analyses the development of wage inequality in Slovenia after a 22.9% increase in the minimum wage in 2010. The analysis is based on individual-level data, covering all workers and firms in Slovenia over the 2005-2015 period. The descriptive findings show that with the minimum wage increase, wage inequality in Slovenia lowered. The effect was stronger for women, young and less-educated or low-occupations workers, which are characterised to be most affected by the minimum wage policy. Further, results also show that a decline in wage inequality was higher among workers employed in small and unincorporated firms and those working in market services.
Keywords: minimum wage; wage inequality; interdecile ratios; Gini coefficient; Slovenia. (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijsuse:v:13:y:2021:i:3:p:306-321
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