Living Wage
Автор
Donald Hirsch (Loughborough University)
, Laura Valadez-Martinez (Loughborough University)
This short primer traces the origins of the concept of the living wage and seeks to explain its current rise in fortune as an economic instrument with a social objective. It examines its impact on labour markets and wage levels, explores how it has been applied, and assesses whether it is an effective measure for raising living standards.