The Needs of the Low Paid. The Cunnigham Lecture Academy of the Social Sciences in Australia
AbstractMy lecture is about the needs of the low paid as a criterion in wage determination. I am concerned about the meaning given to needs and the manner in which they affect wage outcomes. The central issue is this. Does a regard for the needs of the low paid lead simply to an endeavour to maintain and improve the relative incomes of low piad workers; or does it imply an attempt to identify needs and the cost of meeting them so as to establish some kind of benchmark of wage adequacy?
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Bibliographic InfoPaper provided by Centre for Economic Policy Research, Research School of Economics, Australian National University in its series CEPR Discussion Papers with number 378.
Length: 20 pages
Date of creation: 1997
Date of revision:
WAGE DETERMINATION ; BASIC NEEDS;
Find related papers by JEL classification:
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
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