Antonian’s book on ‘The Living Wage’
Dr Laura Valadez (MSc Public Policy in Latin America, 2005 and DPhil Social Policy, 2012) has published with Professor Donald Hirsch a book on the living wage. This work offers a broad-ranging analysis of the debates, policy developments and limitations of wage floors in developed economies.
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.