Minimum wages and health: evidence from European countries

This study investigates the effects of minimum wage on health, well-being, and income security in European countries. The empirical strategy consists of exploiting variations in the minimum wage across European countries over time. We show that minimum wage increases improve individuals ’ self-reported health and income security. Minimum wage increases also improve life satisfaction and happiness. The effects are largest among women, employed individuals, married individuals, and those with less than a secondary education. Our results are robust to several robustness checks and c onsistent with existing evidence on the relationship between minimum wage and health.
Source: International Journal of Health Care Finance and Economics - Category: Health Management Source Type: research