TY  - RPRT
        AU  - Dolado, Juan J.
AU  - Felgueroso, Florentino
AU  - Jimeno, Juan F.
        TI  - The Role of the Minimum Wage in the Welfare State: An Appraisal
        PY  - 2000/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 152
        UR  - https://www.iza.org/index.php/publications/dp152
        AB  - 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.
        KW  - inequality
KW  - minimum wages
KW  - employment
        ER  -