Minimum wage

Minimum wage latest publications

July 26, 2019

Spain: upward forecasts despite the slowdown

A week ago, BBVA Research revised its GDP growth forecast for 2019 upward one tenth to 2.3%, twice as much as in the eurozone. Days later, the IMF did the same and its forecast was also raised to 2.3%.

February 11, 2019

Is a higher minimum wage good or bad?

As with many questions, the answer depends on the context. Few things are better for social progress and welfare than a sustainable rise in wages resulting from increases in productivity, and for growth to be equitable and reach all workers.

March 3, 2017

Repercusiones del aumento del salario mínimo en España

El incremento del 8% del salario mínimo interprofesional en 2017, desvinculado de la evolución de la productividad, tendrá un impacto negativo en la actividad económica. Sin embargo, dada su escasa cobertura, las repercusiones serán moderadas. No obstante, las consecuencias podrían ser relevantes si el aumento salarial se e…

August 21, 2014

BBVA Research discussion points on the minimum wage

It would not be advisable to raise the minimum wage until better mechanisms for combating informal employment are in place