How does the value of a firm change in response to a minimum wage hike? The evidence we have to date is not well-suited to answer this question, principally because events that have been studied are not completely unknown to the stock market or have uncertainty associated with them. This paper...

Die gemeinsame Stellungnahme von WSI und IMK beantwortet ausgewählte Fragen zu den bisherigen Auswirkungen des Mindestlohns und seiner zukünftigen Anpassung. Die Fragen und Antworten, die in diesem Policy Brief präsentiert werden, erfolgten im Rahmen einer schriftlichen Anhörung der...

This paper analyses the economic impact of a significant change to the structure of a minimum wage setting policy. The context is the United Kingdom where government mandated an unexpected change in the structure of minimum wages and their setting in 2016 by introducing a new minimum wage - the...