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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2022-03-13  |  Accepted: 2022-08-29  |  Published: 2022-09-30

Title

Unemployment in the Context of Minimum Wage Concept in Slovakia


Abstract

The aim of study is to identify an impact of the minimum wage concept on the unemployment rate in Slovakia from 1993 to 2020. Linear regression tests an impact of the Kaitz index, minimum wage and living wage rate, GDP, unemployment rate of people with basic education and progressive taxation. In case the minimum wage increase is less profound than the average wage increase, and a difference between the minimum wage and the living wage is being continually deepened, then the unemployment rate may be decreased. The Slovak unemployment rate may decrease by the GDP growth and by decreasing the number of citizens with basic education.


Keywords

minimum wage, unemployment rate, Kaitz index, linear regression


JEL classifications

A13 , C32 , C51 , E24 , J38 , J64


URI

http://jssidoi.org/jesi/article/1002


DOI


Pages

395-407


Funding

This research was supported by the Scientific Grant Agency of the Ministry of Education, Science, Research, and Sport of the Slovak Republic and the Slovak Academy Sciences as part of the research project VEGA No. 1/0590/22: “Exploration of natural, social and economic potential of areas with environmental burdens in the Slovak Republic for the development of specific forms of domestic tourism and quantification of environmental risks”.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Tkacova, Andrea
Technical University of Košice, Košice, Slovakia http://www.tuke.sk
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Gavurova, Beata
Technical University of Košice, Košice, Slovakia http://www.tuke.sk
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Melasova, Katarina
Technical University of Košice, Košice, Slovakia http://www.tuke.sk
Articles by this author in: CrossRef |  Google Scholar

Snopko, Peter
Technical University of Košice, Košice, Slovakia http://www.tuke.sk
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

10


Number

1


Issue date

September 2022


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 1148  |  PDF downloads: 552

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