CHARACTER AND INTENSITY OF THE MINIMUM WAGE INFLUENCE ON UNEMPLOYMENT IN THE CZECH REPUBLIC AND SLOVAKIA

Authors

  • Bozena Kaderabkova University of Economics in Prague, Fakulty of Economics, Czech Republic Author
  • Emilie Jasova Business and Law School, Czech Republic Author

DOI:

https://doi.org/10.20472/ES.2016.5.1.003

Keywords:

Minimum wage, Unemployment, Unemployment rate, Correlation coefficient

Abstract

This article analyses character of the relation between the minimum wage and unemployment in the Czech Republic and Slovakia. At the same time, it estimates the extent of the effect of the minimum wage on the examined unemployment indicators. The analysis in the Czech Republic indicated the increase in unemployment as a result of the increase in the minimum wage. In Slovakia both negative and positive effects were confirmed but a negative relationship prevailed. The intensity of the influence effects was moderately strong.

 

Data:
Received: 2 Jan 2016
Revised: 17 Feb 2016
Accepted: 6 Mar 2016
Published: 20 Mar 2016

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Published

2016-03-20

Issue

Vol. 5 No. 1 (2016): International Journal of Economic Sciences

Section

Articles

License

Copyright (c) 2016 Bozena Kaderabkova, Emilie Jasova (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

Kaderabkova, B., & Jasova, E. (2016). CHARACTER AND INTENSITY OF THE MINIMUM WAGE INFLUENCE ON UNEMPLOYMENT IN THE CZECH REPUBLIC AND SLOVAKIA. International Journal of Economic Sciences, 5(1), 37-49. https://doi.org/10.20472/ES.2016.5.1.003
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