Knabe, Andreas; Schöb, Ronnie - CESifo - 2008
affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a …Using data from the 2006 wave of the German Socio-Economic Panel (GSOEP), this paper analyzes how a minimum wage … statutory minimum wage of EUR 7.50 per hour would cost 840,000 low-paid jobs and increases the fiscal burden by aboutEUR 4 …