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

Author

Listed:
  • Aleksandra Majchrowska

    (Uniwersytet Łódzki, Katedra Makroekonomii)

  • Paweł Strawiński

    (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.

Suggested Citation

  • Aleksandra Majchrowska & Paweł Strawiński, 2024. "The evolution of the minimum wage in Poland and its consequences on labour market," Bank i Kredyt, Narodowy Bank Polski, vol. 55(1), pages 55-74.
  • Handle: RePEc:nbp:nbpbik:v:55:y:2024:i:1:p:55-74
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    More about this item

    Keywords

    J31; J38; J21; R23;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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