MINIMUM WAGES AND SOCIAL WELFARE EXPENDITURES Substitutes or complements?

• Published in: Policy studies Vol. 28; no. 2; pp. 163 - 174
• Main Authors: Waltman, Jerold, Marsh, Christopher
• Format: Journal Article
• Language: English
• Published: London Taylor & Francis Group 01.06.2007; Taylor & Francis LLC
• Subjects: Correlation analysis; Expenditures; GDP; Government spending; Gross Domestic Product; Minimum wage; Studies; Welfare

Are minimum wage policies substitutes for or complements to expenditure oriented social welfare policies? We address this research question from a cross national perspective through the utilization of OECD data. We find that countries with high levels of expenditure on traditional social welfare pol...