IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Minimum Wage and Youth Employment Rates in Spain: New Evidence for the Period 2000-2008

Listed author(s):
  • Blázquez, Maite


    (Departamento de Análisis Económico (Teoría e Historia Económica). Universidad Autónoma de Madrid.)

  • Llorente, Raquel


    (Departamento de Análisis Económico (Teoría e Historia Económica). Universidad Autónoma de Madrid.)

  • Moral Carcedo, Julian


    (Departamento de Análisis Económico: Teoría e Historia Económica. Universidad Autónoma de Madrid)

The existence of a universal minimum wage has been, and continues to be, an intensely debated issue. On the one hand, the controversy surrounding minimum wage appears to be partly justified because the effects of the introduction and increase of minimum wage may differ greatly depending on the labour market structure. On the other, the current academic literature on the subject do not provide clear evidence of which collectives are likely to be more affected in terms of employment by the introduction or increase of minimum wage. Using the data for the period 2000-2008, this study aims to examine the effect of minimum wage on the youth employment in Spain, taking into account both the existing regional differences and the dynamic behaviour of employment. Unlike other previous academic works on this subject, we are also going to consider the effect of seasonality on employment, a particularly wide-spread feature of youth employment in Spain. The results obtained in our analysis do not provide clear evidence about any negative effect of minimum wage on youth employment during the period under study. While this result may point out to the existence of a monopsonistic structure of the labour market, the coexistence of increases both in minimum wage and in youth employment rate during this period could also be explained in the light of a perfect competitive labour market with a high degree of dynamism and a structural change in employment demand.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History) in its series Working Papers in Economic Theory with number 2009/02.

in new window

Length: 36 pages
Date of creation: Feb 2009
Handle: RePEc:uam:wpaper:200902
Contact details of provider: Postal:
Francisco Tomás y Valiente, 5, 28049 Madrid

Phone: +34.91.497.42.92
Fax: +34.91.497.69.30
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:uam:wpaper:200902. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Andrés Maroto-Sánchez)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.