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In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10012724286
In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the basis of a microsimulation model which accounts...
Persistent link: https://www.econbiz.de/10014193731
-temporal changes in poverty from year 1978 to 2003. Results are decomposed by region and household types, and the bootstrap method is … have the highest poverty risk. Most striking is a huge regional divide in poverty which only narrows slightly over the … period under investigation: the incidence and the intensity of poverty are substantially higher in the New states. A …
Persistent link: https://www.econbiz.de/10013137821
Germany. Although the reductionof income inequality and poverty were emphasized as policy goals of the of minimumwage …. Based on data from the German Socio-EconomicPanel we analyze changes in wage and income inequality, poverty, and … moreeffective in reducing inequality and poverty …
Persistent link: https://www.econbiz.de/10012848958