We examine the impact of sector-specific minimum wages in Germany on the willingness of youths to undergo vocational training. The theoretical intuition on the impact of wage floors on education is ambiguous. On the one hand, they raise the opportunity cost of education and prevent further skill...

This paper examines the impact of sector-specific minimum wages in Germany on the willingness of youths to undergo vocational training. The theoretical impact of wage floors on educational incentives is ambiguous: on the one hand, they raise the opportunity cost of education and prevent further...

Kim Leonie Kellermann analyzes the impact of sectoral minimum wages in Germany on the willingness of youths to undergo apprenticeship training. Using data from the German Socio-economic Panel, the author shows that higher wage floors set small, positive incentives for vocational training in the...