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Would a Legal Minimum Wage Reduce Poverty? A Microsimulation Study for Germany
Müller, Kai-Uwe - 2008
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
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Labor Market and Income Effects of a Legal Minimum Wage in Germany
Müller, Kai-Uwe; Steiner, Viktor - 2010
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
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Can the German minimum wage alleviate poverty and income inequality? Evidence from observed data and simulated counterfactuals
Backhaus, Teresa - 2020
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