Müller, Kai-Uwe; Steiner, Viktor - Institute for the Study of Labor (IZA) - 2010
In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important … basis of a microsimulation model which accounts for the complex interactions between individual wages, the tax … reducing income inequality, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …