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Support for Establishing a Minimum Wage-Setting Mechanism in Romania, vol 1

Madalina Popescu, Eva Militaru (), Dan Pele (), Miruna MAZURENCU Marinescu (), Valentina Vasile (), Simona Ilie, Adina Mihăilescu () and Adela Șerban
Additional contact information
Eva Militaru: The National Scientific Research Institute for Labour and Social Protection
Dan Pele: The Bucharest University of Economic Studies
Miruna MAZURENCU Marinescu: The Bucharest University of Economic Studies
Simona Ilie: The Research Institute for Quality of Life – The Romanian Academy
Adina Mihăilescu: The Research Institute for Quality of Life – The Romanian Academy
Adela Șerban: The Institute of Sociology –The Romanian Academy

in Books of Marketing and Economy from Editura Lumen, Department of Economics

Abstract: The main purpose of this exercise consisted in providing a recommendation for a sound institutional process of minimum wage setting in Romania. The design of a transparent mechanism for minimum wage setting based on objective criteria, in order to set the grounds for evidence based dialog and decision making is a matter of extreme importance to the wage policy in Romania due to the number of employees who are affected, on one hand, and to the economic and social effects of this form of state intervention on the labour market, on the other. As a country particularity, in Romania the wage distribution is highly asymmetrical at the bottom, with more than one quarter of the employees (1.3 million persons) being paid at the minimum wage level. (Autorii)

Keywords: Support; Establishing; Minimum; Wage-Setting; Mechanism; Romania (search for similar items in EconPapers)
JEL-codes: J3 (search for similar items in EconPapers)
Date: 2017
Edition: 1
ISBN: 978-973-166-482-8
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