The German minimum wage was introduced in January 2015. This paper investigates the short-term macroeconomic impacts of … the introduction of the minimum wage and compared to actual developments of six key macroeconomic variables. The … deviations are interpreted as minimum wage effects. Robustness checks as well as a comparison with descriptive empirical results …

provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore … the household's main income source consists of wage income or capital income and profits. …

provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore … the household's main income source consists of wage income or capital income and profits …

slightly fallen. Wages have been rising for workers at the bottom of the wage distribution. From the median of the wage …

slightly fallen. Wages have been rising for workers at the bottom of the wage distribution. From the median of the wage …

demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production … that it is not possible to increase the incomes of employed workers through minimum wage legislation, even under decreasing …

reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the … levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real …