- a 10 percent mandatory top-up in the Minimum Wage (MW) for married individuals - in Greece in November 2012. Using data …

unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …-segment variation of the estimated effects is mostly driven by firm productivity levels rather than by search frictions or the …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

unemployment benefits; we find that the MW is preferred by the majority of workers (even when the unemployed receive very generous … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods … given generosity of the unemployment benefit scheme, the maximum, politically viable, MW is lower than in the absence of in …

or productivity, a discrimination equilibrium exists in which a group of majority workers are paid higher wages than a …