The evolution of the minimum wage in Poland and its consequences on labour market

Author:

Majchrowska Aleksandra1,Strawiński Paweł2

Affiliation:

1. Uniwersytet Łódzki, Katedra Makroekonomii

2. Uniwersytet Warszawski, Wydział Nauk Ekonomicznych

Abstract

Poland is one of the 22 European Union members with national minimum wage legislation. The minimum wage level in Poland is legislated by the Minimum Wage Act of 2002 as amended. The aim of the study is twofold: first, to show the evolution of the minimum wage level in Poland with respect to other EU countries in the period of 2003–2023, second, to use the review of the literature as a research tool to find out whether there is a consensus on the impact of minimum wage changes on various labour market outcomes in Poland, i.e. the level of employment, wages, profits, or prices. To the best of our knowledge it is the first study of this kind for Poland.

Publisher

Index Copernicus

Reference19 articles.

1. Chorna O. (2021), Firm-level effects of minimum wages, Prague Economic Papers, 30(4), 402–425.

2. Broniatowska P., Majchrowska A., Żółkiewski Z. (2015,) Minimum wage and youth unemployment in local labor markets in Poland, Roczniki Kolegium Analiz Ekonomicznych, 39, 57–70.

3. Babiak M., Chorna O. (2019), Minimum wage increase and firm profitability: evidence from Poland, Charles University Prague Working Papers IES, 14.

4. Bodnár K., Fadejeva L., Iordache S., Malk L., Paskaleva D., Pesliakaitė J., Todorović Jemec N., Tóth P., Wyszyński R. (2018), How do firms adjust to rises in the minimum wage? Survey evidence from Central and Eastern Europe, IZA Journal of Labor Policy, 7(11), 1–30, DOI: 10.1186/s40173-018-0104-x.

5. Baranowska-Rataj A., Magda I. (2015), The impact of the minimum wage on job separations and working hours among young people in Poland, Institute of Statistics and Demography Working Papers, 75, Warsaw School of

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