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Persistent link: https://www.econbiz.de/10003363920
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
We apply the Day Reconstruction Method to compare unemployed and employed people with respect to their subjective assessment of emotional affects, differences in the composition and duration of activities during the course of a day, and their self-reported life satisfaction. Employed persons are...
Persistent link: https://www.econbiz.de/10003824758
The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a far smaller effect on the unemployed. We use German panel data to reproduce this standard result, but then suggest that the appropriate distinction may not be between employment...
Persistent link: https://www.econbiz.de/10003805987
We reassess the "scarringʺ hypothesis by Clark et al. (2001), which states that unemployment experienced in the past reduces a person's current life satisfaction even after the person has become reemployed. Our results suggest that the scar from past unemployment operates via worsened...
Persistent link: https://www.econbiz.de/10003790758
extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper …
Persistent link: https://www.econbiz.de/10010528303
default. Due to a multitude of large scale events in its past, Germany is far from being an exception: In fact, Germany … Germany's public finances against the standard theoretical background using a unique database, retrieved from multiple sources … historical perception of Germany as the poster child of European public finance. Given these corresponding breaks in time series …
Persistent link: https://www.econbiz.de/10009709423
We use nationally representative data from the UK Time-Use Survey 2014/2015 to investigate how a person's employment status is related to time use and cognitive and affective dimensions of subjective well-being. We find that unemployed persons report substantially lower levels of life...
Persistent link: https://www.econbiz.de/10011992330
with children in Germany. Our study confirms that the monetary cost of children is substantial and increases with parental …
Persistent link: https://www.econbiz.de/10011926377