In a simulation-based study with data from the German Socio-Economic Panel Study (SOEP), we analyze the effects of the newly introduced statutory minimum wage of 8.50 Euro per working hour in Germany on the gender wage gap. In our first scenario where we abstain from employment effects, the pay...

"Because there is a significant mismatch between low wage and low income, policies tackling the poverty issue must focus on low income households rather than low-wage workers and emphasize the EITC or labor market policies that support low income households rather than the role of the minimum...

Cover -- Contents -- Preface -- 1 Introduction -- 2 Descriptive Evidence on Minimum Wage Effects -- 3 A Model of Minimum Wage Effects on Labor Market Careers -- 4 Labor Market and Welfare Impacts of Minimum Wages -- 5 Minimum Wage Effects on Labor Market Outcomes -- 6 Assessing the Welfare...