Knabe, Andreas; Schöb, Ronnie - CESifo - 2008
statutory minimum wage of EUR 7.50 per hour would cost 840,000 low-paid jobs and increases the fiscal burden by aboutEUR 4 … employment – depending on the subsidies’ incidence – and income effects. Wage subsidies also allow a more equal income …Using data from the 2006 wave of the German Socio-Economic Panel (GSOEP), this paper analyzes how a minimum wage …