unemployment on the level of regional labor markets. Using variation in the regional exposure to the new wage floor, we employ a … difference-in-differences approach that compares the evolution of employment and unemployment between regions with varying … reduction is not accompanied by a proportional increase in unemployment. …

question, further action is necessary. The IZA concept includes the following elements: (1) Education reform: Early childhood … education must be improved. Social background should no longer determine future career prospects. More independence and … competition between schools and universities would improve the quality of education. Selection of students into different …

unemployment on the level of regional labor markets. Using variation in the regional exposure to the new wage floor, we employ a … difference-in-differences approach that compares the evolution of employment and unemployment between regions with varying … reduction is not accompanied by a proportional increase in unemployment. …

increase in part-time employment, a less pronounced decline in unemployment and a greater reduction in weekly working hours …

training. The theoretical intuition on the impact of wage floors on education is ambiguous. On the one hand, they raise the … opportunity cost of education and prevent further skill accumulation. On the other hand, they lower the employment probability of … workers declines which lowers the opportunity cost of education. High requirements with regard to professional skills …