Factors influence minimum wage in selected OECD countries / Nur Sakinah Sarnoh

This research main focus is to study the determinants of the minimum wages in selected
Organization for Economic Co-operation and Development (OECD) countries. The
researcher want to analyze what factors that able to contributing on minimum wage rates. The
value for minimum wage has been decreased and increased since it was introduces during
1930s. Using total three of independent variables, which is economic growth, inflation and
population, this study involving data for selected eighteen countries member of OECD for 26
years which is from the 1993 until 2018. This study using panel-data analysis for data
regression and by the end of the study finding, only economic growth that has significant
relationship with the minimum wage.