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We estimate the effects of the introduction and subsequent increases of a substantial minimum wage in Germany's main construction industry on wage and employment growth rates. Using a regional dataset constructed from individual employment histories, we exploit the spatial dimension and border...
Persistent link: https://www.econbiz.de/10011744494
Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers...
Persistent link: https://www.econbiz.de/10012497890
This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...
Persistent link: https://www.econbiz.de/10011494334
Recent papers identify the effects of unemployment insurance and potential benefit duration (PBD) on unemployment duration and reemployment wages using quasi-experiments. To make known problems of heterogeneity in quasi-experiments tractable, they often use models of job search, but we argue...
Persistent link: https://www.econbiz.de/10015165459