This thesis compares different theoretical principles concerning the relationship between minimum wages and unemployment. In the empirical part examines the impact of minimum wages on unemployment in the Czech Republic for the period 1994 - 2012. The results of the econometric analysis indicate that the minimum wage significantly affects unemployment. I conclude that a 1% increase in the real minimum wage compared to the previous year will result in approximately a 0.17% increase in the unemployment rate for workers with at most primary education compared to the previous year and approximately 0.07% increase in the unemployment rate of men compared to previous year. Based on the extension of the basic models is rejected that the minimum wage statistically negatively influenced overall unemployment, unemployment of women and unemployment of workers under 25 years.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:199571 |
| Date | January 2013 |
| Creators | Návrat, Martin |
| Contributors | Durdisová, Jaroslava, Pikhart, Zdeněk |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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