THE CHANGING LABOUR MARKET: DIGITIZATION, UNEMPLOYMENT TRENDS, AND THE MINIMUM WAGE

Monica Florica Dutcas
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Monica Florica Dutcas: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2020, vol. 8, issue 1, 15-25

Abstract: The paper addresses three named factors: digitization, unemployment and minimum wage, as a key-factors for changing in the labour market in a globalized economy in the context of the COVID -19 pandemic. In the work will discuss the possible answers to the following three questions: -Should decision makers be concerned about the future of work? -What are the evolutionary trends of unemployment? -How can the minimum wage be a new instrument in a new development policy? A few possible answers will be evaluated based on the comparative analysis of the empirical data from several European countries. In conclusion, the paper highlights the impact of an eventual solution according to the targeted time horizon.

Keywords: labour market; digitization; unemployment; minimum wage; public policies (search for similar items in EconPapers)
JEL-codes: J08 J21 K31 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:8:y:2020:i:1:p:15-25

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