Aspects Regarding the Minimum Wage

Alina Nițescu ()
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Alina Nițescu: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2017, vol. 17, issue 2, 175-184

Abstract: The right to a minimum standard of living is recognized as a fundamental right by all international human rights institutions. As far as the right to work is concerned, the decent living standard can only be fulfilled if there is a remuneration to ensure that the worker and his / her family, in return for their work, cover all acceptable (minimum) social, cultural, educational, health and professional development - this standard can only be guaranteed by developing mechanisms to provide the worker with a minimum wage. In this context, the paper aims to deal with a number of aspects of the minimum wage in the European Union.

Keywords: minimum wage; living standard; employment; labour cost (search for similar items in EconPapers)
JEL-codes: J30 J31 (search for similar items in EconPapers)
Date: 2017
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