Del 53 i serien Economy Key Ideas

Living Wage

Inbunden, Engelska, 2017

AvDonald Hirsch,Laura Valadez-Martinez

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The "living wage" is an old idea that has experienced a dramatic resurgence of political popularity in recent years. The underlying logic of the concept is quite clear: it is a wage that provides workers with enough income to live on at some level considered adequate. However, in practice the term has become blurred with that of the "minimum wage" and in its implementation it has lacked a consistent meaning despite being widely used as a campaigning slogan.This short primer traces the origins of the concept of the living wage and seeks to explain the current rise in its fortunes 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.It offers a broad-ranging analysis of the debates, policy developments and limitations of wage floors in developed economies and will appeal to a wide readership in economics, public policy and sociology, as well as those working in non-profit and non-governmental organizations.

Produktinformation

Utgivningsdatum2017-04-27
Mått148 x 210 x undefined mm
FormatInbunden
SpråkEngelska
SerieEconomy Key Ideas
Antal sidor136
FörlagEdinburgh University Press
ISBN9781911116455

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Donald Hirsch is Professor of Social Policy and Director of the Centre for Research in Social Policy at Loughborough University. He developed the calculation of the UK Living Wage accredited by the Living Wage Foundation and he leads CRSP's ongoing research programme into household incomes and poverty trends. He was Poverty Adviser to the Joseph Rowntree Foundation for the ten years prior to joining CRSP in 2008. Laura Valadez-Martinez is a Research Associate in the Centre for Research in Social Policy at Loughborough University. Before joining CRSP, she worked as a post-doctoral researcher at the Institute for Social Sciences, University of Lisbon. She completed her PhD in Social Policy at the University of Oxford.

The living wage is clearly an idea whose time has come, when even Conservative chancellors adopt the term. Britain's low-wage culture needs the remedy of pay rates people can live on. But what does this flexible phrase mean? How can it be implemented and made sustainable? This crisply written guide by the leading experts is invaluable for understanding where the living wage has come from, what it means today and how it can work in the future.