Living wages in practice

Oecd

No 8, OECD Policy Insights on Well-being, Inclusion and Equal Opportunity from OECD Publishing

Abstract: At a time of rising cost of living, wide wage inequalities and widespread in-work poverty, the demand for a living wage has heightened. This Policy Insights introduces and contextualises the concept of a living wage. It also highlights the key measurement assumptions and criteria that underlie the calculations of a living wage and calls for greater clarity and consistency in existing methodologies.

Keywords: living wages; minimum wages; poverty lines; wage levels (search for similar items in EconPapers)
JEL-codes: E21 E31 I32 J31 (search for similar items in EconPapers)
Date: 2023-04-26
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Persistent link: https://EconPapers.repec.org/RePEc:oec:wiseab:8-en

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