Egger, Hartmut; Kreickemeier, Udo; Wrona, Jens - 2024
policy intervention. In this context, we put forward the role of a common minimum wage and show that the introduction of a … moderate minimum wage increases offshoring and reduces welfare. In contrast, a sizable minimum wage reduces offshoring and … increases welfare. Beyond that, we also show that a sufficiently high common minimum wage cannot only eliminate offshoring but …