Macroeconomic determinants of labour costs in the EU: a comprehensive panel and cluster analysis

Labour costs are a fundamental component of production expenses, significantly impacting both the quantity and quality of output. This study explores the determinants of labour costs within EU member states that have implemented minimum wage policies over the past two decades. The research technique...

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Bibliographic Details
Published in:Management şi Marketing
Main Authors: Cristescu Amalia, Stănilă Larisa, Vasilescu Maria Denisa, Munteanu Andreea Monica
Format: Article
Language:English
Published: Sciendo 2024-09-01
Subjects:
labour cost
minimum wage
employment
labour productivity
panel data
cluster analysis
european union
Online Access:https://doi.org/10.2478/mmcks-2024-0024

Internet

https://doi.org/10.2478/mmcks-2024-0024

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