The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend both, on individual duration in a particular state...

Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical...

In Deutschland wird bereits seit einiger Zeit eine lebhafte Debatte um die Einführung von Mindestlöhnen geführt. Kritiker des Mindestlohns verweisen insbesondere auf zu erwartende erhebliche Beschäftigungsverluste durch Einführung einer Lohnuntergrenze, Befürworter dagegen argumentieren...