Minimum Wages and Wage Inequality in the OECD Countries

This paper investigates the impact of the effective minimum wage, defined as the log difference between the minimum and the median wages, on wage inequalities in the OECD countries. Unlike the previous studies that focus on single countries in which the minimum wage has no cross-sectional variati...

Full description

Bibliographic Details
Main Authors: Dong-Hee Joe, Seongman Moon
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2020-09-01
Series:East Asian Economic Review
Subjects:
Online Access:https://dx.doi.org/10.11644/KIEP.EAER.2020.24.3.379