The Effect Of Minimum Wages On Labour Market Flows Evidence From Germany
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The Effect Of Minimum Wages On Labour Market Flows Evidence From Germany
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Author : Ronald Bachmann
language : en
Publisher:
Release Date : 2015
The Effect Of Minimum Wages On Labour Market Flows Evidence From Germany written by Ronald Bachmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Minimum Wages And Employment Theory And Empirical Evidence With A Special Emphasis On Germany
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Author : Peter Schmidt
language : en
Publisher: GRIN Verlag
Release Date : 2009-02-10
Minimum Wages And Employment Theory And Empirical Evidence With A Special Emphasis On Germany written by Peter Schmidt and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-10 with Political Science categories.
Master's Thesis from the year 2008 in the subject Business economics - Economic Policy, grade: 1,0 (A), University of Wisconsin-Milwaukee (Department of Economics), course: Labor Economics II, language: English, abstract: One of the most important issues that was in the center of the political debate in Germany in the last few months is the introduction of minimum wages. It was caused by the politically forced imposition of a minimum wage in the sector for postal services which, in the view of many experts, provides a competitive advantage for the major postal service company “Deutsche Post World Net”1 compared to its competitors. Then it happened that the “PIN – Group AG” one of the most important domestic competitors of the “Deutsche Post World Net” was threatened by insolvency as its largest shareholder the publisher “Axel Springer AG” was no longer willing to invest money in the “PIN - Group AG”. Additionally, many newspapers published by Axel Springer AG wrote articles against the imposition of a minimum wage for many weeks and published many interviews with economic experts warning about the negative effects of a minimum wage on the overall German labor market. Furthermore, political considerations, e.g. by the secretary of labor, to introduce a federal minimum wage in Germany even caused the chairmen of the eight leading economic research institutes in Germany to publish a letter in the newspaper “Das Handelsblatt”2 where they advise politicians against the introduction of a federal minimum wage if (large) employment losses should be avoided. On the other hand, a few other researchers, experts and politicians like the “IAB”3 as a specific labor market research institute believe that minimum wages even could create jobs and must not necessarily destroy them. This paper is motivated by this ongoing debate between economists and policymakers in the whole world. That is why in the first part of the paper the major theoretical framework which is used by economists to analyze and empirically assess the impacts of minimum wages on employment should be presented.
Introducing Minimum Wages In Germany Employment Effects In A Post Keynesian Perspective
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Author : Arne Heise
language : en
Publisher:
Release Date : 2018
Introducing Minimum Wages In Germany Employment Effects In A Post Keynesian Perspective written by Arne Heise and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Abstract: There has been a long discussion about the employment impact of minimum wages and this discussion has recently been renewed with the introduction of an economy-wide, binding minimum wage in Germany in 2015. In traditional reasoning, based on the allocational approach of modern labour market economics, it has been suggested that the impact is clearly negative on the assumption of a competitive labour market and clearly positive on the assumption of a monopsonistic labour market. Unfortunately, both predictions conflict with the empirical findings, which do not show a clear-cut impact of significant size in any direction. As an alternative, a Post Keynesian two-sector model including an employment market is presented here. Its most likely prediction of a negligible employment effect and a sectoral shift is tested against the German case of an introduction of a statutory minimum wage in 2015. Despite substantial wage increases in the low wage sector, our empirical analysis reveals ver
Low Wage Employment In Europe
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Author : Wiemer Salverda
language : en
Publisher: ACCO
Release Date : 2005
Low Wage Employment In Europe written by Wiemer Salverda and has been published by ACCO this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Labor supply categories.
Minimum Wages In Germany
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Author : Stefan Bender
language : de
Publisher:
Release Date : 2012
Minimum Wages In Germany written by Stefan Bender and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
The Effects Of The Legal Minimum Wage In Germany
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Author : Fabian Uyanakumarage
language : en
Publisher:
Release Date : 2020-03-03
The Effects Of The Legal Minimum Wage In Germany written by Fabian Uyanakumarage and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-03 with categories.
Seminar paper from the year 2020 in the subject Economics - Other, grade: 1,3, University of Applied Sciences Riedlingen, language: English, abstract: "Minimum wage is the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract". The government uses the minimum wage as a basic price control, which can force companies to create equal pay for all employees regardless of their origin, gender or belief. Currently, 90 percent of countries have regulations or binding tariff regulations that determine the minimum wage. In countries such as Sweden, Finland, Denmark, Switzerland, Austria and Italy there is no legal minimum wage. There, the government leaves the employer associations and unions to set a minimum wage in collective bargaining. New Zealand was the first country to introduce the minimum wage in 1894, and 192 more followed until 2019. Many of these countries have very complex systems, for example India has more than 1200 different minimum wage rates. Hardly any other labour market policy measure has been discussed as extensively as the introduction of the minimum wage of EUR 8.50 gross per hour on January 1, 2015 in Germany. For the supporters it was a long overdue step to offer low-wage earners a higher wage and thus a better standard of living. However, economists warned in advance that introducing minimum wages would only have negative consequences, especially when it comes to employment. Various studies have predicted that it could result in the loss of thousands of jobs. For example, the Ifo Institute in Munich forecasted a threat to up to 900 thousand jobs. Opponents of the minimum wage also pointed out that low-skilled workers would find it difficult to get into employment and would make little contribution to fighting poverty. The aim of this paper is to analyse how the market in Germany reacted to the introduc
Labor Market Frictions And Spillover Effects From Publicly Announced Sectoral Minimum Wages
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Author : Gökay Demir
language : en
Publisher:
Release Date : 2022
Labor Market Frictions And Spillover Effects From Publicly Announced Sectoral Minimum Wages written by Gökay Demir and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
I analyze the spillover effects of publicly announced sectoral minimum wages in Germany. My identification strategy exploits exposure to sectoral minimum wages across workers and industries outside the minimum wage sector in a triple differences estimation. Subminimum wage workers in related industries outside of the minimum wage sector experience an increase in wages, job-to-job transitions, and reallocation from low-paying to high-paying establishments after the public announcement of Germany's first sectoral minimum wage. The reduction of information frictions, rather than the strategic interaction of employers, appears to be the main mechanism for these effects. When examining the spillover effects of other sectoral minimum wages from various contexts, I only discover positive spillover effects on sub-minimum wage workers in related industries outside the minimum wage sectors if the typical employment relationship in the minimum wage sector is comparable to that of the workers in my sample.
Labor Market And Income Effects Of A Legal Minimum Wage In Germany
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Author : Kai-Uwe Müller
language : en
Publisher:
Release Date : 2010
Labor Market And Income Effects Of A Legal Minimum Wage In Germany written by Kai-Uwe Müller and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
Minimum Wages
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Author : E. G. West
language : en
Publisher: Economic Council of Canada and the Institute for Research on Public Policy
Release Date : 1980
Minimum Wages written by E. G. West and has been published by Economic Council of Canada and the Institute for Research on Public Policy this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Business & Economics categories.
Monograph on minimum wages, with special reference to Canada - covers trends since 1965 concerning local level wage structure and wage determination, and deals with economic theory issues regarding employment, unemployment, income distribution and prices, effectiveness as an anti-poverty and income redistribution tool, and its preference to negative income tax. Bibliography pp. 111 to 119 and statistical tables.
Minimum Wages And The Resilience Of Neoclassical Labour Market Economics
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Author : Arne Heise
language : en
Publisher:
Release Date : 2020
Minimum Wages And The Resilience Of Neoclassical Labour Market Economics written by Arne Heise and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.