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The short-term distributional effects of the German minimum wage reform

Caliendo, Marco; Fedorets, Alexandra; Preuß, Malte; … - 2017

This study quantifies the short-term distributional effects of the new statutory minimum wage in Germany. Using detailed survey data (German Socio-Economic Panel), we assess changes in the distributions of hourly wages, contractual and actual working hours, and monthly earnings. Our descriptive...

Persistent link: https://www.econbiz.de/10011782012

Biased by success and failure : how unemployment shapes stated locus of control

Preuß, Malte; Hennecke, Juliane - 2017

changes is, nonetheless, strongly debated. We contribute to this discussion by analyzing the effect of unemployment on LOC … unemployment. Overall, we find a significant shift in stated LOC due to unemployment. Because the effect is observable during … unemployment only and not heterogeneous with respect to individual characteristics or unemployment duration, we conclude that only …

Persistent link: https://www.econbiz.de/10011771482

The short-run employment effects of the German minimum wage reform

Caliendo, Marco; Fedorets, Alexandra; Preuß, Malte; … - 2017

We assess the short-term employment effects of the introduction of a national statutory minimum wage in Germany in 2015. For this purpose, we exploit variation in the regional treatment intensity, assuming that the stronger a minimum wage 'bites' into the regional wage distribution, the stronger...

Persistent link: https://www.econbiz.de/10011782078

Income in jeopardy : how losing employment affects the willingness to take risks

Hetschko, Clemens; Preuß, Malte - 2015

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one’s job reduces the willingness to take risks. This effect strengthens in...

Persistent link: https://www.econbiz.de/10011442282