The German minimum wage was introduced in January 2015. This paper investigates the short-term macroeconomic impacts of … the introduction of the minimum wage and compared to actual developments of six key macroeconomic variables. The … deviations are interpreted as minimum wage effects. Robustness checks as well as a comparison with descriptive empirical results …

This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … relationships, interpreted as a labor demand and a wage setting scheme. Secondly, a structural VAR model is identified using the …

average wage, we show that a more progressive taxation reduces the unemployment rate and increases the employment rate. These … the unemployment rate and increases the employment rate. From a theoretical point of view, higher progressivity induces a … wage-moderation effect and increases overall employment since employment of low-paid workers is more responsive. We test …

increases employment. From a theoretical point of view, higher progressivity increases overall employment through a wage … on a panel of 21 OECD countries over 1998-2008. Controlling for the burden of taxation at the average wage, our estimates … suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …

provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore … the household's main income source consists of wage income or capital income and profits. …

slightly fallen. Wages have been rising for workers at the bottom of the wage distribution. From the median of the wage …

slightly fallen. Wages have been rising for workers at the bottom of the wage distribution. From the median of the wage …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

This paper analyzes long run outcomes resulting from adopting a binding minimum wage in a neoclassical model with …. With progressive taxation in place, the minimum wage may garner political support (i.e. a majority) even when the …