80 lines
2.4 KiB
YAML
80 lines
2.4 KiB
YAML
abstract: 'In 2015, Germany introduced a statutory hourly minimum wage that was not
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only universally binding but also set at a relatively high level. We
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discuss the short-run effects of this new minimum wage on a wide set of
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socioeconomic outcomes, such as employment and working hours, earnings
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and wage inequality, dependent and self-employment, as well as
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reservation wages and satisfaction. We also discuss difficulties in the
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implementation of the minimum wage and the measurement of its effects
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related to non-compliance and suitability of data sources. Two years
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after the minimum wage introduction, the following conclusions can be
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drawn: while hourly wages increased for low-wage earners, some small
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negative employment effects are also identifiable. The effects on
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aspired goals, such as poverty and inequality reduction, have not
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materialised in the short run. Instead, a tendency to reduce working
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hours is found, which alleviates the desired positive impact on monthly
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income. Additionally, the level of non-compliance was substantial in the
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short run, thus drawing attention to problems when implementing such a
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wide reaching policy.'
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affiliation: 'Neumark, D (Corresponding Author), UCI, Irvine, CA 92697 USA.
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Neumark, D (Corresponding Author), NBER, Cambridge, MA 02138 USA.
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Neumark, D (Corresponding Author), IZA, Bonn, Germany.
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Neumark, D (Corresponding Author), CESifo, Munich, Germany.
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Neumark, David, UCI, Irvine, CA 92697 USA.
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Neumark, David, NBER, Cambridge, MA 02138 USA.
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Neumark, David, IZA, Bonn, Germany.
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Neumark, David, CESifo, Munich, Germany.'
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author: Neumark, David
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author-email: dneumark@uci.edu
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author_list:
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- family: Neumark
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given: David
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da: '2023-09-28'
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doi: 10.1111/geer.12184
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eissn: 1468-0475
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files: []
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issn: 1465-6485
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journal: GERMAN ECONOMIC REVIEW
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keywords: Minimum wage; evaluation; earnings; working hours; employment
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keywords-plus: 'LABOR-MARKET INSTITUTIONS; JOB-SATISFACTION; EMPLOYMENT; IMPACT;
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INEQUALITY; INDUSTRY; POVERTY; REFORM; UK'
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language: English
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month: AUG
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number: '3'
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number-of-cited-references: '119'
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pages: 293-329
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papis_id: 24e8f65c16334310b8485a940b3a1710
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ref: Neumark2019causaleffects
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times-cited: '16'
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title: The Causal Effects of the Minimum Wage Introduction in Germany - An Overview
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type: article
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unique-id: WOS:000596019200002
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usage-count-last-180-days: '2'
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usage-count-since-2013: '21'
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volume: '20'
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web-of-science-categories: Economics
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year: '2019'
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