Minimum wages in Spain |
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Authors: | Ignacio Gutiérrez Hevia Pedro Schwartz |
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Institution: | Ignacio Gutiérrez Hevia is a Consultant at National Economic Research Associates (NERA). Madrid and Pedro Schwartz is President of Fundesco, Madrid The authors acknowledge the helpful comments provided by Juan Dolado |
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Abstract: | In Spain the minimum wage appears to have no significant employment-reducing effect for workers over 18. For the under 18s, however, minimum wages and employment are negatively related. The government should consider lowering the minimum wage for younger workers. |
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