Showing 1 - 10 of 10
Using data from the 2006 wave of the German Socio-Economic Panel (GSOEP), this paper analyzes how a minimum wage affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a statutory minimum wage of EUR 7.50 per hour would cost...
Persistent link: https://www.econbiz.de/10003771867
issues for the exemplary case of Germany that suffers from high unemployment among low-skilled workers and rising wage … in Germany, on employment, wage inequality, public expenditures, and incomes of poor households: 1) a statutory minimum …
Persistent link: https://www.econbiz.de/10003803539
companies. The effects on investment in Germany are ambiguous: While some firms substitute between investment locations, others …
Persistent link: https://www.econbiz.de/10011966873
Information provided by experts is widely believed to play a key role in shaping attitudes towards policy responses to the COVID-19 pandemic. This paper uses a survey experiment to assess whether providing citizens with expert information about the health risk of COVID-19 and the economic costs...
Persistent link: https://www.econbiz.de/10012507362
den Auswirkungen des IRA auf Handelspartner, insbesondere Deutschland, liegen nicht vor. Deskriptive Statistiken zeigen … trading partners, especially Germany, are not available. Descriptive statistics show that the United States is an important …
Persistent link: https://www.econbiz.de/10014302035
We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information. -- minimum wages ; unemployment ; asymmetric...
Persistent link: https://www.econbiz.de/10003833327
Persistent link: https://www.econbiz.de/10003498754
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly tied to how much inflation it generates, which in turn hinges on monetary-fiscal adjustments that ultimately finance the transfers. We compare two distinct types of...
Persistent link: https://www.econbiz.de/10012388237
We study aggregate, distributional, and welfare effects of a permanent reduction in the capital tax rate in a dynamic equilibrium model with capital-skill complementarity. Such a tax reform leads to expansionary long-run aggregate effects, but is coupled with an increase in the skill premium....
Persistent link: https://www.econbiz.de/10012002979
den Auswirkungen des IRA auf Handelspartner, insbesondere Deutschland, liegen nicht vor. Deskriptive Statistiken zeigen … trading partners, especially Germany, are not available. Descriptive statistics show that the United States is an important …
Persistent link: https://www.econbiz.de/10014303822