@TechReport{iza:izadps:dp152,
            	author={Dolado, Juan J. and Felgueroso, Florentino and Jimeno, Juan F.},
            	title={The Role of the Minimum Wage in the Welfare State: An Appraisal},
            	year={2000},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={152},
            	url={https://www.iza.org/index.php/publications/dp152},
	abstract={In order to offer a balanced assessment of the role of minimum wages in the Welfare State, seven basic questions need to be answered: (i) Why is the minimum wage a useful redistributive tool?; (ii) How binding are minimum wage floors in different countries?; (iii) To what extent do minimum wages have the adverse consequences that standard analysis predict?; (iv) Are there strong theoretical grounds underlying the revisionist results?; (v) Who supports minimum wages?; (vi) Under which conditions is the minimum wage a better tool than other policy instruments to achieve income redistribution?; and, finally, (vii) What is the overall cross-country time-series evidence regarding the employment effect of the minima? The aim of this paper is to provide an appraisal on the available evidence for each of the above-mentioned issues.},
	keywords={inequality;minimum wages;employment},
            }