Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if their choice has an externality on third parties. One typical application is a household. We run an experiment in the German Socio-Economic Panel with two members from 494...

We use the German Socio-Economic Panel to show that introducing a high-impact statutory minimum wage causes an increase in reservation wages of approximately 4 percent at the low end of the distribution. The shifts in reservation wages and observed wages due to the minimum wage reform are...

Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP) zeigen, dass sich nach der Einführung des Mindestlohns in Deutschland im Jahr 2015 das Wachstum der Stundenlöhne für die anspruchsberechtigten Beschäftigten gerade im unteren Bereich der Stundenlohnverteilung beschleunigt hat. So...

Job mobility equilibrates disparities on local labor markets and influences the efficiency of the job matching process. In this paper, we describe a job matching model that allows for simultaneous regional and occupational mobility, predicting corresponding spillover effects on the number of...

Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if their choice has an externality on third parties. One typical application is a household. We run an experiment in the German Socio-Economic Panel with two members from 494...

By analyzing occupational task profiles, an occupational change can be split up into two components: (1) transferability of task portfolios between occupations and (2) change in the value of the occupation-employee match. Extending the task-based approach of Gathmann and Schönberg (2009) by...

This paper estimates wage losses arising due to changes in the structure of demand for occupations. The data on occupational changes made for the sake of adjustment to the changes in the demand structure come from the German reunification of 1990. Endogenous occupational changes are instrumented...

Seit dem 1. Januar 2015 gilt in Deutschland ein flächendeckender gesetzlicher Mindestlohn. Welche Beschäftigungseffekte lassen sich nach fünf Jahren feststellen? Hat der Mindestlohn Arbeitsplätze gekostet, und wie viel Arbeitsvolumen ist durch den Mindestlohn verdrängt worden? Welche...

In den vergangenen zehn Jahren erlebte Deutschland einen Beschäftigungsrekord nach dem anderen. Nach einer langen Phase rückläufiger oder stagnierender Reallöhne stiegen die vereinbarten Bruttostundenlöhne in den Jahren 2013 bis 2018 den Daten des Sozio-oekonomischen Panels zufolge um mehr...

Despite skepticism among experts about the effects of a minimum wage, there is remarkably widespread public support for such policies. Using representative survey data from 2015 and 2016, we investigate the subjective attitudes driving public support for Germany's minimum-wage reform. We find...