The Impact of Minimum Wages on The Ghanaian Economy Since Independence: A Comprehensive Research Review

Samuel Yeboah and Bright James Nyarkoh

MPRA Paper from University Library of Munich, Germany

Abstract: This research review examines the impact of minimum wages on the Ghanaian economy since independence. Drawing on a comprehensive analysis of existing literature, empirical studies, and data sources, the review explores the effects of minimum wage policies on employment, wages, income inequality, and economic growth. Additionally, it investigates the differential effects across industries, regions, and population groups, highlighting the complexities and nuances of minimum wage impacts in the Ghanaian context.

Keywords: : economy; minimum wages; Ghanaian employment; informal sector; small and medium enterprises (SMEs); inflation; price levels; income inequality; poverty. (search for similar items in EconPapers)
JEL-codes: J31 J38 O17 O55 (search for similar items in EconPapers)
Date: 2023-03-08, Revised 2023-04-27
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117430

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