MODELING THE OPTIMAL SIZE OF THE MINIMUM WAGE IN UKRAINE
DOI:
https://doi.org/10.29038/2411-4014-2018-02-26-34Keywords:
state regulation of incomes, minimum wage, minimum pension, subsistence minimum, taxation, modelingAbstract
The article proves that in Ukraine the system of social standards and guarantees needs to be optimized. The greatest influence on incomes among the instruments of their regulation is made by the minimum wage. It is proved that one of the directions of the regulation income system transformation in Ukraine is the change in the concept of salary formation. Improving the methodology for determining the optimal minimum wage makes it possible to optimize the system of social standards and guarantees in Ukraine.
References
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Stepanishin, V. M., Tysovsky, L. O. (2012) Pobudova modeli koreliatsiinoho analizu dlia doslidzhennia bahatofaktornykh protsesiv i yavyshch [Construction of a correlation analysis model for the study of multifactorial processes and phenomena] Bulletin of the National University «LP». No. 736. P. 133–138 [in Ukrainian].
Libanova, E. M. (2008) Bidnist’ Naselennya Ukrainy: Metodologiya, Metodyka ta Praktyka Analizu [Poverty of Ukraine’s Population: Methodology, Methods, and Practice of Analysis]. Kyiv, KNEU, 143 [in Ukrainian].
Semenchenko, A. V. (2016) Udoskonalennia mekhanizmu derzhavnoho rehuliuvannia dokhodiv naselennia [Improving the State Regulating the Income of the Population]. Business-inform. 5. 51–56 [in Ukrainian].
Collins, Christopher (2017) Raising the Minimum Wage: An Economic Gain. The Park Place Economist: Vol. 25. Retrieved from: http://digitalcommons.iwu.edu/parkplace/vol25/iss1/20 (Last accessed: 20.10.2017) [in English].
Manning, Alan (2016) The elusive employment effect of the minimum wage. CEP Discussion Paper, No 1428. Centre for Economic Performance, London School of Economics and Political Science, London. Retrieved from: http://eprints.lse.ac.uk/67646/ (Last accessed: 21.10.2017) [in English].
Tsymbaliuk, I. O. (2014) Neobkhidnist ta napriamy udoskonalennia podatkovoi systemy Ukrainy. [Necessity and directions of improvement of the tax system of Ukraine]. Problemy rozvytku finansovoi systemy Ukrainy ta shliakhy yikh vyrishennia : monohrafiia. [Problems of development of the financial system of Ukraine and ways of their solution: monograph]. Lutsk. 99–115 [in Ukrainian].
Kroft, K., Kucko, K., Lehmann, E. and Schmieder J. (2016) Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach. Technical report. National Bureau of Economic Research. Retrieved from: http://ftp.iza.org/dp9719.pdf (Last accessed: 21.10.2017). [in English].
Dokhody ta vytraty naselennia Ukrainy (2002–2015). [Income and expenditure of the population of Ukraine]. Site of the State Statistics Service of Ukraine. Retrieved from:: www.ukrstat.gov.ua. (Last accessed: 19.06.2017) [in Ukrainian].
Stepanishin, V. M., Tysovsky, L. O. (2012) Pobudova modeli koreliatsiinoho analizu dlia doslidzhennia bahatofaktornykh protsesiv i yavyshch [Construction of a correlation analysis model for the study of multifactorial processes and phenomena] Bulletin of the National University «LP». No. 736. P. 133–138 [in Ukrainian].
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Published
2018-06-27
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Section
ECONOMICS AND NATIONAL ECONOMY MANAGEMENT
How to Cite
[1]
2018. MODELING THE OPTIMAL SIZE OF THE MINIMUM WAGE IN UKRAINE. Economic journal of Lesya Ukrainka Volyn National University. 2, 14 (Jun. 2018), 26–34. DOI:https://doi.org/10.29038/2411-4014-2018-02-26-34.
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