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This paper studies estimation of a panel data model with latent structures where individuals can be classified into … unknown group structure of vector parameters, we design an algorithm called Panel-CARDS which is a systematic extension of the … comparing vector coefficients in a panel model for homogeneity and introduces a new concept of controlled classification of …
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statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a …
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We extend the task-based empirical framework used in the job polarization literature to analyze the susceptibility of low-wage employment to technological substitution. We find that increases in the cost of low-wage labor, via minimum wage hikes, lead to relative employment declines at...
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There has been a long discussion about the employment impact of minimum wages and this discussion has recently been renewed with the introduction of an economy-wide, binding minimum wage in Germany in 2015. In traditional reasoning, based on the allocational approach of modern labour market...
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