{"title":"The politics of the minimum wage: Explaining introduction and levels","authors":"Michal Kozák, Georg Picot","doi":"10.1111/bjir.12836","DOIUrl":null,"url":null,"abstract":"There is much economics research on the effects of minimum wages, but little research on their politics. Yet, ever more advanced capitalist democracies have introduced minimum wages, and the setting of minimum wage levels has become increasingly politicized. This article is the first comprehensive study of the politics of the minimum wage: We analyse the determinants of adopting minimum wages as well as what explains variation in their levels over time, based on a dataset of 33 OECD countries from 1960 to 2017. We find that the decline in collective bargaining is the main driving force behind the introduction of ever more minimum wages. At the same time, left‐wing parties in government are most likely to adopt a minimum wage when bargaining coverage is low. Left governments are also associated with higher minimum wages, especially when the government has full control over level‐setting.","PeriodicalId":47846,"journal":{"name":"British Journal of Industrial Relations","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2024-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"British Journal of Industrial Relations","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1111/bjir.12836","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"INDUSTRIAL RELATIONS & LABOR","Score":null,"Total":0}
引用次数: 0
Abstract
There is much economics research on the effects of minimum wages, but little research on their politics. Yet, ever more advanced capitalist democracies have introduced minimum wages, and the setting of minimum wage levels has become increasingly politicized. This article is the first comprehensive study of the politics of the minimum wage: We analyse the determinants of adopting minimum wages as well as what explains variation in their levels over time, based on a dataset of 33 OECD countries from 1960 to 2017. We find that the decline in collective bargaining is the main driving force behind the introduction of ever more minimum wages. At the same time, left‐wing parties in government are most likely to adopt a minimum wage when bargaining coverage is low. Left governments are also associated with higher minimum wages, especially when the government has full control over level‐setting.
期刊介绍:
BJIR (British Journal of Industrial Relations) is an influential and authoritative journal which is essential reading for all academics and practitioners interested in work and employment relations. It is the highest ranked European journal in the Industrial Relations & Labour category of the Social Sciences Citation Index. BJIR aims to present the latest research on developments on employment and work from across the globe that appeal to an international readership. Contributions are drawn from all of the main social science disciplines, deal with a broad range of employment topics and express a range of viewpoints.