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Raising the minimum wage in Greece

Monastiriotis, Vassilis (2022) Raising the minimum wage in Greece. LSE Business Review (14 Sep 2022). Blog Entry.

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Greece went through a structural adjustment programme that reduced the country’s minimum wages. When the economy began to recover, the government worried about the effect that raising the minimum wage again would have on the economy. Vassilis Monastiriotis’ research showed that a carefully raised minimum wage could increase the earnings of low-wage workers and reduce income inequality without hurting employment. His research informed the government’s decision to raise the minimum wage.

Item Type: Online resource (Blog Entry)
Official URL:
Additional Information: © 2022 The Author(s)
Divisions: European Institute
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 17 Nov 2022 14:48
Last Modified: 15 Sep 2023 11:36

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