Popp, Martin - In: Journal for Labour Market Research 57 (2023) 1, pp. 1-21
The own-wage elasticity of labor demand measures the effect of higher wages on firms' demand for labor and, thus …, determines the impact of supply shocks, minimum wages, and collective wage agreements on the labor market. I carry out a … the German labor market. The average elasticity is -0.43, but entails important heterogeneity: Labor demand turns out …