Titelaufnahme

Titel
The causal effects of the minimum wage introduction in Germany: an overview / Marco Caliendo (University of Potsdam, IZA, DIW and IAB), Carsten Schröder (SOEP at DIW and Free University Berlin Linda Wittbrodt University of Potsdam) ; IZA Institute of Labor Economics
VerfasserCaliendo, Marco ; Schröder, Carsten ; Wittbrodt, Linda
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, December 2018
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (44 Seiten) : Diagramme, Karten
SerieDiscussion paper ; no. 12043
URNurn:nbn:de:hbz:5:2-175487 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
The causal effects of the minimum wage introduction in Germany: an overview [0.65 mb]
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Zusammenfassung (Englisch)

In 2015, Germany introduced a statutory hourly minimum wage that was not only universally binding but also set at a relatively high level. We discuss the short-run effects of this new minimum wage on a wide set of socio-economic outcomes, such as employment and working hours, earnings and wage inequality, dependent and self-employment, as well as reservation wages and satisfaction. We also discuss difficulties in the implementation of the minimum wage and the measurement of its effects related to non-compliance and suitability of data sources. Two years after the minimum wage introduction, the following conclusions can be drawn: while hourly wages increased for low-wage earners, some small negative employment effects are also identifiable. The effects on aspired goals, such as poverty and inequality reduction, have not materialized in the short run. Instead, a tendency to reduce working hours is found, which alleviates the desired positive impact on monthly income. Additionally, the level of non-compliance was substantial in the short run, thus drawing attention to problems when implementing such a wide reaching policy.