One hundred years of dynamic minimum wage regulation: lessons from Australia, the United Kingdom and the United States

Fuente: Organización Internacional del Trabajo (OIT)
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Autores principales: Reg Hamilton (Author), Matt Nichol (Author)
Formato: Artículo científico
Publicado: International Labour Organization 2023
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author Reg Hamilton (Author)
Matt Nichol (Author)
author_facet Reg Hamilton (Author)
Matt Nichol (Author)
Reg Hamilton (Author)
Matt Nichol (Author)
contents One hundred years of dynamic minimum wage regulation: lessons from Australia, the United Kingdom and the United States Reg Hamilton (Author) Matt Nichol (Author) Since the first minimum wage legislation was introduced in Australia, the United Kingdom and the United States in the early 1900s, minimum wage regulation has attracted controversy. Opponents of minimum wage levels rely on market theory, while supporters acknowledge the role of markets in setting the price of labour but justify state intervention based on principles of equity and social good. This article examines how these two ideological positions influenced fixing what is both a crucial cost for business and underpinning of worker and family living standards, and whether effective wage fixing has resulted. Little comparative research exists on the origins, evolution and current systems of minimum wage regulation in the three countries and this article aims to address this gap in the literature. 10.1111/ilr.12380 DOI https://doi.org/10.1111/ilr.12380 publication.journalArticle
format Artículo científico
id ilo_995335382202676
institution Organización Internacional del Trabajo (OIT)
publishDate 2023
publisher International Labour Organization
spellingShingle One hundred years of dynamic minimum wage regulation: lessons from Australia, the United Kingdom and the United States
Reg Hamilton (Author)
Matt Nichol (Author)
One hundred years of dynamic minimum wage regulation: lessons from Australia, the United Kingdom and the United States Reg Hamilton (Author) Matt Nichol (Author) Since the first minimum wage legislation was introduced in Australia, the United Kingdom and the United States in the early 1900s, minimum wage regulation has attracted controversy. Opponents of minimum wage levels rely on market theory, while supporters acknowledge the role of markets in setting the price of labour but justify state intervention based on principles of equity and social good. This article examines how these two ideological positions influenced fixing what is both a crucial cost for business and underpinning of worker and family living standards, and whether effective wage fixing has resulted. Little comparative research exists on the origins, evolution and current systems of minimum wage regulation in the three countries and this article aims to address this gap in the literature. 10.1111/ilr.12380 DOI https://doi.org/10.1111/ilr.12380 publication.journalArticle
title One hundred years of dynamic minimum wage regulation: lessons from Australia, the United Kingdom and the United States
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/One-hundred-years-of-dynamic-minimum/995335382202676