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The analysis of dynamics real minimum wage in branches of Romanian economy

Author

Listed:
  • NEAGU, Cornelia

    (Centre for Industrial Economics and Services, Romanian Academy)

  • DOSPINESCU, Andrei Silviu

    (Centre for Industrial Economics and Services, Romanian Academy)

Abstract

This article aims is to study the evolution of real minimum wages by branches of the Romanian economy and shaping trends in the period 2000-2008 to 2009-2010 years. In the scientific approach comprised the following steps: composition series nominal gross minimum wage at branch level, based on data published in the Official Gazette of Romania Part V - collective bargaining, the composition of net nominal minimum wage series at branch level by taking into account the different categories of contributions, the composition of net minimum real wage series at branch level by deflate of net nominal minimum wage series at branch level with consumer price index.

Suggested Citation

  • NEAGU, Cornelia & DOSPINESCU, Andrei Silviu, 2012. "The analysis of dynamics real minimum wage in branches of Romanian economy," Revista de Economie Industriala (Journal of Industrial Eonomics), Centre for Industrial Economics and Services, vol. 10(1), pages 41-50, June.
    • Handle: RePEc:cei:recind:v:10:y:2012:i:1:p:41-50
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    More about this item

    Keywords

    real minimum wage; economic branch; demand of labour; labour productivity;
    All these keywords.

    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
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation

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