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Labour market developments in Germany can be separated into two major shocks: German reunification in the early 1990s, and the Hartz reforms in the early 2000s. In this paper it is argued that these two shocks divide the German wage bargaining system into the old labour market system, which is...
Persistent link: https://www.econbiz.de/10011437161
Changes in the legislation in the mid-80s in Portugal provide remarkably good conditions for analysis of the employment effects of mandatory minimum wages, as the minimum wage increased sharply for a very specific group of workers. Relying on a matched employer employee panel data set, we model...
Persistent link: https://www.econbiz.de/10011412421
Als Resultat einer ausführlichen politischen Debatte im Anschluss an die Bundestagswahl 2013 wurde in Deutschland am 1. Januar 2015 ein neuer Mindestlohn eingeführt. Dieser Artikel analysiert, ob die Bekanntgabe seiner Einführung bereits die Beschäftigungserwartungen von Arbeitgebern im Jahr...
Persistent link: https://www.econbiz.de/10011418249
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/10011480762
Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...
Persistent link: https://www.econbiz.de/10011481224
In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment‐federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small,...
Persistent link: https://www.econbiz.de/10011455868
On 1 January 2015 a new statutory minimum wage of € 8.50 per hour of work was introduced in Germany. Using a difference-in-differences approach, we estimate effects on worker-level outcomes of continuing employees. The results reveal a meaningful absolute increase in the affected workers' pay...
Persistent link: https://www.econbiz.de/10011471357
In this paper we analyze whether the introduction of the general minimum wage in Germany in 2015 had an effect on workers' self-rated health. To study this question, we use survey-data linked to administrative employment records and apply difference-in-difference regressions combined with...
Persistent link: https://www.econbiz.de/10012052239
This study examines long-term effects of a minimum wage increase using an innovative identification strategy based on categorising workers according to their predicted marginal revenue products. It finds that the increase had a large and persistent disemployment effects on low-paid workers and...
Persistent link: https://www.econbiz.de/10011977607
Neumark, Salas, and Wascher (2014) succinctly summarize the empirical challenges researchers of the minimum wage face: "the identification of minimum wage effects requires both a sufficiently sharp focus on potentially affected workers and the construction of a valid counterfactual control group...
Persistent link: https://www.econbiz.de/10011978325