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Regulatory Framework And Dynamics Of Gross Minimum Wage Per Country

Author

Listed:
  • Alunica MORARIU

    (Associated Proffessor Ph.D., Faculty of Economics and Public Administration, „Stefan cel Mare” University of Suceava, Romania)

Abstract

Through this paper, the author intends to approach the issue of minimum gross wage per country (Romania) from a regulatory perspective and the latest developments. It is taken into account that it has an extremely important role in the economy well beyond the simple assurance of the minimum food security for the worker and his family. Starting from the idea that the minimum wage covers both social progress correlation with economic progress and some negative economic effects and social justice, it shows that at this level is achieved in conjunction with a number of factors play into work. The approach includes playback parameters of statistical order and ends with indicating foreseeable consequences of last modification (2016) on the minimum gross wage per economy.

Suggested Citation

  • Alunica MORARIU, 2016. "Regulatory Framework And Dynamics Of Gross Minimum Wage Per Country," European Journal of Law and Public Administration, Editura LUMEN, vol. 3(1), pages 95-104, June.
    • Handle: RePEc:lum:ejlpa1:v:3:y:2016:i:1:p:95-104
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    More about this item

    Keywords

    social protection; cost of living; wage rights; employees; employers; personal deductions; taxes; penalties;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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