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In Germany, there is a vivid political debate on introducing a general statutory minimum wage. In this paper, we study the effects of minimum wages on labor supply using a structural household model where we distinguish between married and single households. In the model, labor supply of married...
Persistent link: https://www.econbiz.de/10013099407
Some proponents of higher minimum wages cite reduced absenteeism as a positive side-effect. However, little evidence on the relationship between minimum wages and absenteeism exists for the United States. This paper examines the effect of minimum wages on absenteeism using data from the Merged...
Persistent link: https://www.econbiz.de/10013158719
For released prisoners, the minimum wage and Earned Income Tax Credits (EITCs) can influence their ability to find employment and their potential wages relative to illegal sources of income, affecting the probability they return to prison. Using administrative prison release records from nearly...
Persistent link: https://www.econbiz.de/10012853161
This study quantifies the short-term distributional effects of the new statutory minimum wage in Germany. Using detailed survey data (German Socio-Economic Panel), we assess changes in the distributions of hourly wages, contractual and actual working hours, and monthly earnings. Our descriptive...
Persistent link: https://www.econbiz.de/10012929750
This study quantifies the short-term distributional effects of the new statutory minimum wage in Germany. Using detailed survey data (German Socio-Economic Panel), we assess changes in the distributions of hourly wages, contractual and actual working hours, and monthly earnings. Our descriptive...
Persistent link: https://www.econbiz.de/10012930952
Absenteeism is a nonwage component of compensation valued by workers and costly for employers to provide. Higher minimum wages may cause employers to try to reduce worker absenteeism to reduce costs, but, from a labor supply perspective, higher minimum wages exert a substitution effect against...
Persistent link: https://www.econbiz.de/10013144878
This paper analyses the effects of a large reform in the minimum wages affecting youth workers in New Zealand since 2001. Prior to this reform, a youth minimum wage, applying to 16-19 year-olds, was set at 60% of the adult minimum. The reform had two components. First, it lowered the eligible...
Persistent link: https://www.econbiz.de/10013319381
Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and diminished training and skill acquisition. Beneficial...
Persistent link: https://www.econbiz.de/10013319494
Minimum wages aim to raise wages for low-wage workers, but how do they affect fair wageperceptions? Using Socio-Economic Panel (SOEP) data, we show that fair wages are basi-cally linearly related with paid wages prior to the German minimum wage introduction in2015. After the introduction, this...
Persistent link: https://www.econbiz.de/10012848809
This study examines the relationship between the minimum wage and youth criminal activity. I show that a priori economic reasoning cannot predict the sign of the relationship - while a minimum wage hike reduces the attractiveness of crime as a source of income relative to legitimate work, it may...
Persistent link: https://www.econbiz.de/10014071818