Mindestlohn
Seit Inkrafttreten des Mindestlohngesetzes am 1. Januar 2015 gilt ein allgemeingültiger flächendeckender Mindestlohn in Deutschland. Lohnuntergrenzen gibt es in beinahe allen europäischen Staaten und den USA. Die Mindestlohn-Gesetze haben das Ziel, Lohn-Dumping, also die nicht verhältnismäßige Bezahlung von Arbeitnehmerinnen und Arbeitnehmern, zu verhindern.
Diese Infoplattform dokumentiert die Diskussion rund um die Einführung des flächendeckenden Mindestlohns in Deutschland und die Ergebnisse empirischer Forschung der letzten Jahre zu flächendeckenden und branchenspezifischen Mindestlöhnen.
- IAB
- Grundsätzliches zum flächendeckenden Mindestlohn
- Auswirkungen des flächendeckenden Mindestlohns auf
- Auswirkungen des flächendeckenden Mindestlohns auf Personengruppen
- Ausnahmen vom flächendeckenden Mindestlohn für
- Ausweichreaktionen auf Mindestlöhne in Deutschland
- Bundesländer
- Branchenspezifische Mindestlöhne und deren Auswirkungen auf
- Mindestlohn in anderen Ländern
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Literaturhinweis
Minimum Wage and Skills - Evidence from Job Vacancy Data (2023)
Andrieu, Elodie; Kuczera, Malgorzata;Zitatform
Andrieu, Elodie & Malgorzata Kuczera (2023): Minimum Wage and Skills - Evidence from Job Vacancy Data. (TPI working papers / The Productivity Institute 034), Manchester, 62 S.
Abstract
"Low-wage occupations tend to be populated by workers with low levels of education. An increase in the minimum wage, while designed to protect workers in the lower part of the wage distribution, might result in unintended consequences for those same workers. In this paper, we study firms’ reaction to higher minimum wages, exploiting a change to the minimum-wage policy in the UK in 2016. We document how an increase in the minimum wage affects the labour hiring for different education and technical skill levels of workers. The results show that an increase in the minimum wage compressed both the demand for low educated workers and the demand for workers with low levels of technical skills (tech workers) for graduates in low and middle skilled occupations. Using a difference-in-differences framework, we find that a large and unexpected change to the minimum wage led to a 11 percentage point decrease in the proportion of non-graduate vacancies and a 15 percentage point decline in the share of low-tech ads. There is evidence for labour-labour substitution at the low-end of the skill distribution and labour-technology substitution for more educated workers as a way to compensate for labour costs increases." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Minimum wage and tolerance for high incomes (2023)
Zitatform
Fazio, Andrea & Tommaso Reggiani (2023): Minimum wage and tolerance for high incomes. In: European Economic Review, Jg. 155. DOI:10.1016/j.euroecorev.2023.104445
Abstract
"We suggest that stabilizing the baseline income can make low-wage workers more tolerant towards high income earners. We present evidence of this attitude in the UK by exploiting the introduction of the National Minimum Wage (NMW), which institutionally sets a baseline pay reducing the risk of income losses and providing a clear reference point for British workers at the lower end of the income distribution. Based on data from the British Household Panel Survey (BHPS), we show that workers who benefited from the NMW program became relatively more tolerant of high incomes and more likely to support and vote for the Conservative Party. As far as tolerance for high incomes is related to tolerance of inequality, our results may suggest that people advocate for equality also because they fear income losses below a given reference point." (Author's abstract, IAB-Doku, © 2023 Elsevier) ((en))
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Literaturhinweis
Minimum Wage and Tolerance for High Incomes (2023)
Zitatform
Fazio, Andrea & Tommaso G. Reggiani (2023): Minimum Wage and Tolerance for High Incomes. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16107), Bonn, 27 S.
Abstract
"We suggest that stabilizing the baseline income can make low-wage workers more tolerant towards high income earners. We present evidence of this attitude in the UK by exploiting the introduction of the National Minimum Wage (NMW), which institutionally sets a baseline pay reducing the risk of income losses and providing a clear reference point for British workers at the lower end of the income distribution. Based on data from the British Household Panel Survey (BHPS), we show that workers who benefited from the NMW program became relatively more tolerant of high incomes and more likely to support and vote for the Conservative Party. As far as tolerance for high incomes is related to tolerance of inequality, our results may suggest that people advocate for equality also because they fear income losses below a given reference point." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
One Hundred Years of Dynamic Minimum Wage Regulation: Lessons from Australia, the United Kingdom and the United States (2023)
Hamilton, Reg; Nichol, Matt;Zitatform
Hamilton, Reg & Matt Nichol (2023): One Hundred Years of Dynamic Minimum Wage Regulation: Lessons from Australia, the United Kingdom and the United States. In: International Labour Review, Jg. 162, H. 3, S. 407-429. DOI:10.1111/ilr.12380
Abstract
"Since the first minimum wage legislation was introduced in Australia, the United Kingdom and the United States in the early 1900s, minimum wage regulation has attracted controversy. Opponents of minimum wage levels rely on market theory, while supporters acknowledge the role of markets in setting the price of labour but justify state intervention based on principles of equity and social good. This article examines how these two ideological positions influenced fixing what is both a crucial cost for business and underpinning of worker and family living standards, and whether effective wage fixing has resulted. Little comparative research exists on the origins, evolution and current systems of minimum wage regulation in the three countries and this article aims to address this gap in the literature." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))
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Literaturhinweis
In the shadow of hierarchy: minimum wage commissions in the UK and Germany (2023)
Zitatform
Mabbett, Deborah (2023): In the shadow of hierarchy: minimum wage commissions in the UK and Germany. In: Socio-economic review, Jg. 21, H. 4, S. 2117-2135. DOI:10.1093/ser/mwad027
Abstract
"The adoption of statutory minimum wages (MWs) has been accompanied by institutional innovations in the relationship between governments, employers and unions. In the UK and Germany, MW commissions were created to recommend or determine the MW. Their memberships are dominated by trade unionists and employers. Structures that engage the social partners 'in the shadow of hierarchy' can be efficient as well as politically expedient. They will be stable if, first, the social partners can establish a consensual basis for decisions and, second, this consensus position is near enough to the government's position not to trigger intervention. The first condition has been met but not the second: both in the UK and Germany, governments have overridden employers and unions in order to introduce higher MWs. The article explores why this has happened and draws out the implications for MW fixing and the stability of shadow-of-hierarchy arrangements." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Alan Manning: "It is important to have institutions such as the minimum wage to adress the market power of employers" (Interview) (2023)
Zitatform
Winters, Jutta & Alan Manning; Alan Manning (sonst. bet. Pers.) (2023): Alan Manning: "It is important to have institutions such as the minimum wage to adress the market power of employers" (Interview). In: IAB-Forum H. 05.06.2023 Nürnberg. DOI:10.48720/IAB.FOO.20230605.02
Abstract
"Professor Alan Manning, one of the world’s most renowned labour market economists, explains in this video-statement the basic idea of imperfect competition in the labour market. He elaborates on the power of employers to keep wages lower than they would be in a competitive market and stresses the importance to address this imbalance with institutions such as the minimum wage." (Author's abstract, IAB-Doku) ((en))
Beteiligte aus dem IAB
Winters, Jutta; -
Literaturhinweis
Minimum wage and tolerance for inequality (2022)
Zitatform
Fazio, Andrea & Tommaso Reggiani (2022): Minimum wage and tolerance for inequality. (MUNI ECON working paper 2022-07), Brno, 19 S.
Abstract
"We suggest that people advocate for equality also because they fear income losses below a given reference point. Stabilizing their baseline income can make workers more tolerant of inequality. We present evidence of this attitude in the UK by exploiting the introduction of the National Minimum Wage (NMW), which institutionally set a baseline pay reducing the risk of income losses for British workers at the bottom of the income distribution. Based on data from the British Household Panel Survey, we show that workers that benefited from the NMW program became relatively more tolerant of inequality and more likely to vote for the Conservative party." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Der flüchtige Beschäftigungseffekt des Mindestlohns (2022)
Zitatform
Manning, Alan (2022): Der flüchtige Beschäftigungseffekt des Mindestlohns. In: A. Heise & T. Pusch (Hrsg.) (2022): Mindestlöhne – Szenen einer Wissenschaft, S. 137-174.
Abstract
"Mit der Vielzahl von Papieren, die versuchen, den Effekt von Mindestlöhnen auf die Beschäftigung zu schätzen, steigt die Gefahr, den Blick auf die Frage nach dem 'Warum' zu verlieren. Insbesondere auf die Frage, warum es so schwer ist, negative Beschäftigungseffekte von Mindestlöhnen auszumachen. Vielleicht gibt es gewisse ökonomische Faktoren, die den kleinen und oftmals ambivalenten Effekt des Mindestlohns auf die Beschäftigung erklären? Oder vielleicht sind Arbeitsmärkte fundamental von anderen Märkten verschieden? Diese Anliegen sollen in diesem Beitrag diskutiert werden. Die Schlussfolgerung ist, dass der Beschäftigungseffekt des Mindestlohns schwer fassbar ist, aber auch, dass die Ökonomen hiervon nicht überrascht sein sollten, wenn man bedenkt, wie Arbeitsmärkte funktionieren, in denen Abweichungen vom vollständigen Wettbewerb viel größer sind als in vielen anderen Märkten. Tatsächlich mag es an der Zeit sein, dass die Forschung einen Schritt vorwärts macht und sich die Frage stellt, wie weit der Mindestlohn erhöht werden kann, ohne signifikante Beschäftigungseffekte auszulösen." (Textauszug, IAB-Doku)
Weiterführende Informationen
Original-Artikel in: Journal of Economic Perspectives -
Literaturhinweis
Minimum Wage Effects on Reservation Wages (2022)
Zitatform
Sousounis, Panos & Gauthier Lanot (2022): Minimum Wage Effects on Reservation Wages. In: Journal of labor research, Jg. 43, H. 3, S. 415-439. DOI:10.1007/s12122-022-09337-y
Abstract
"Reservation wages are part of the transmission mechanism between minimum wages and unemployment via the labour force participation decision. The limited available empirical evidence on the relationship between reservation wages and legal minimum wages suggest that individuals use minimum wages as benchmarks against which their reservation wages are set. This has a profound behavioural effect that may encourage individuals to either enter the labour force or price themselves out of potential employment. We employ a fuzzy regression discontinuity design to explore the influence of minimum wages on reservation wages. Our findings suggest that the behavioural response is too small to be extracted from the variability of the reservation wage data. For policy makers this finding is important. While minimum wages raise earnings and living standards, they can push some workers out of the labour force by increasing their reservation wage beyond the minimum. We do not find any evidence of such a response of the reservation wage of jobseekers to the minimum wage in the UK." (Author's abstract, IAB-Doku, © Springer-Verlag) ((en))
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Literaturhinweis
The distributional and employment impacts of nationwide Minimum Wage changes (2021)
Cribb, Jonathan; Xu, Xiaowei; Giupponi, Giulia; Wernham, Thomas; Joyce, Robert; Waters, Tom; Lindner, Attila;Zitatform
Cribb, Jonathan, Giulia Giupponi, Robert Joyce, Attila Lindner, Tom Waters, Thomas Wernham & Xiaowei Xu (2021): The distributional and employment impacts of nationwide Minimum Wage changes. (IFS working paper / Institute for Fiscal Studies 2021,48), London, 40 S.
Abstract
"We estimate the effect of the introduction of the UK's National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation in minimum wage rates. We effectively compare employment changes in each part of the wage distribution in low-wage areas to employment changes among similar workers living in higher-wage areas who are less exposed to increases in the national minimum wage because their nominal wages are further above it. We find substantial positive wage effects, including statistically significant spillovers up to around the 20th percentile of wages. Overall we find small negative effects on employment which are not statistically significant. We combine these estimates with a tax and benefit microsimulation model to estimate the impact on household incomes. The largest gains go to the middle of the overall working-age income distribution, though they are more concentrated within the bottom third if we consider only households with someone in paid work. The gains to poorer working households are limited by the withdrawal of means tested benefits as earnings increase. Effects of minimum wages on household incomes are very sensitive to the size of employment effects." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Living wages and age discontinuities for low-wage workers (2021)
Datta, Nikhil; Machin, Stephen;Zitatform
Datta, Nikhil & Stephen Machin (2021): Living wages and age discontinuities for low-wage workers. (CEP discussion paper 1803), London, 30 S.
Abstract
"This paper considers an emerging, highly policy relevant feature of minimum wages, studying what happens when a wage floor significantly higher than a nationally legislated minimum is imposed. The consequences of age-wage discontinuities and wage floors higher than mandated minimum wages are explored in the context of a Living Wage being introduced to a large UK organisation through time. Between 2011 and 2019, the Company was exposed to a Living Wage Rate higher than the statutory National Minimum Wage, which was sequentially introduced into some of its establishments and had the effect of boosting wages and strongly increasing the age-wage discontinuity from age-related pay grades. The analysis finds positive labour supply responses at the age discontinuity before Living Wage treatment, but a fall in hours at the discontinuity following treatment. The Living Wage raised wage costs but did not affect aggregate hours, showing a within-establishment reallocation of hours by age arising from differential eligibility to be paid the Living Wage." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Mindestlohnanpassung und Living Wage: Was kann Deutschland von Frankreich und dem Vereinigten Königreich lernen? (2021)
Lesch, Hagen; Schneider, Helena; Schröder, Christoph;Zitatform
Lesch, Hagen, Helena Schneider & Christoph Schröder (2021): Mindestlohnanpassung und Living Wage. Was kann Deutschland von Frankreich und dem Vereinigten Königreich lernen? (IW-Analysen 145), Köln, 72 S.
Abstract
"Nach dem Mindestlohngesetz hat die Mindestlohnkommission die Aufgabe, alle zwei Jahre über eine Anpassung des Mindestlohns zu entscheiden. Neben einer Gesamtabwägung soll sie sich dabei nachlaufend an der Tariflohnentwicklung orientieren." (Autorenreferat, IAB-Doku)
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Literaturhinweis
The elusive employment effect of the minimum wage (2021)
Zitatform
Manning, Alan (2021): The elusive employment effect of the minimum wage. In: The Journal of Economic Perspectives, Jg. 35, H. 1, S. 3-26. DOI:10.1257/jep.35.1.3
Abstract
"It is hard to find a negative effect on the employment effect of rises in the minimum wage: the elusive employment effect. It is much easier to find an impact on wages. This paper argues the elusive employment effect is unlikely to be solved by better data, methodology, or specification. The reasons for the elusive employment effect are the factors contributing to why the link between higher minimum wages and higher labor costs are weaker than one might think and because imperfect competition is pervasive in the labor market." (Author's abstract, IAB-Doku) ((en))
Ähnliche Treffer
auch erschienen als: CEP discussion paper , 1428 -
Literaturhinweis
The Effects of Minimum Wage Policy on the Long-Term Care Sector in England (2021)
Zitatform
Vadean, Florin & Stephen Allan (2021): The Effects of Minimum Wage Policy on the Long-Term Care Sector in England. In: BJIR, Jg. 59, H. 2, S. 307-334. DOI:10.1111/bjir.12572
Abstract
"The increase in the National Minimum Wage rate in October 2015 and the introduction of the National Living Wage in April 2016 led, in a short period of time, to an aggregated increase in the wage floor of over 10 per cent for workers in England aged 25 and over. The long-term care (LTC) sector is a labour intensive, low pay sector, and as such, can be substantially affected by changes in minimum wage. We assessed the effects of this exogenous wage increase on independent LTC providers by looking at effects on wages, employment, weekly hours, and employment contracts. Using data from the Adult Social Care Workforce Data Set (ASC-WDS) and applying a “before-after” analysis, we found that the substantial increase in minimum wage had a strong and positive effect on wages in the LTC sector, but with substantial compression of the wage distribution at the lower end. Although, as in other studies, the employment effect was rather elusive, we found that for care homes this can be partially explained by a negative effect on total weekly hours. We also found positive but short-term effects on employment without guaranteed working hours (i.e. zero-hour contracts) for both residential and domiciliary care." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))
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Literaturhinweis
Nichteinhaltung des Mindestlohns in Deutschland: Stellungnahme des IAB zur öffentlichen Anhörung des Ausschusses für Arbeit, Gesundheit und Soziales im Landtag Nordrhein-Westfalen am 9.9.2020 (2020)
Zitatform
Roth, Duncan (2020): Nichteinhaltung des Mindestlohns in Deutschland. Stellungnahme des IAB zur öffentlichen Anhörung des Ausschusses für Arbeit, Gesundheit und Soziales im Landtag Nordrhein-Westfalen am 9.9.2020. (IAB-Stellungnahme 07/2020), Nürnberg, 11 S.
Abstract
"Seit dem 1. Januar 2015 gilt in Deutschland ein einheitlicher gesetzlicher Mindestlohn. Zwar belegen Forschungsergebnisse einen positiven Effekt auf Löhne am unteren Ende der Lohnverteilung, der mit der Einführung des Mindestlohns einhergeht. Dieser Befund bedeutet jedoch nicht, dass es keine Unterschreitung des Mindestlohns gibt. Wie viele Personen unterhalb der Mindestlohngrenze bezahlt werden, ist bisher nicht abschließend geklärt worden. Die Einschätzungen zu dieser Frage reichen von etwa 483.000 Personen im Jahr 2018 bis zu 2,4 Millionen Personen. In dieser Stellungnahme werden die Schwierigkeiten beschrieben, das Ausmaß der Nichteinhaltung mit den vorliegenden Datensätzen abzuschätzen. Für eine bessere Einordnung werden darüber hinaus entsprechende Einschätzungen zur Mindestlohnunterschreitung aus anderen Ländern zusammengefasst. Abschließend werden aktuelle Erkenntnisse zur Frage beschrieben, inwiefern die Aufzeichnungspflicht dazu beiträgt, das Ausmaß der Nichteinhaltung zu reduzieren." (Autorenreferat, IAB-Doku)
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Literaturhinweis
What do we really know about the employment effects of the UK's national minimum wage? (2019)
Zitatform
Brewer, Mike, Thomas Crossley & Federico Zilio (2019): What do we really know about the employment effects of the UK's national minimum wage? (IZA discussion paper 12369), Bonn, 34 S.
Abstract
"A substantial body of research on the UK's National Minimum Wage (NMW) has concluded that the the NMW has not had a detrimental effect on employment. This research has directly influenced, through the Low Pay Commission, the conduct of policy, including the subsequent introduction of the National Living Wage (NLW). We revisit this literature and offer a reassessment, motivated by two concerns. First, much of this literature employs difference-in-difference designs, even though there are significant challenges in conducting appropriate inference in such designs, and they can have very low power when inference is conducted appropriately. Second, the literature has focused on the binary outcome of statistical rejection of the null hypothesis, without attention to the range of (positive or negative) impacts on employment that are consistent with the data. In our re-analysis of the data, we conduct inference using recent suggestions for best practice and consider what magnitude of employment effects the data can and cannot rule out. We find that the data are consistent with both large negative and small positive impacts of the UK National Minimum Wage on employment. We conclude that the existing data, combined with difference-in-difference designs, in fact offered very little guidance to policy makers." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
The calculation of a living wage: The UK's experience (2019)
D'Arcy, Connor; Finch, David;Zitatform
D'Arcy, Connor & David Finch (2019): The calculation of a living wage: The UK's experience. In: Transfer, Jg. 25, H. 3, S. 301-317. DOI:10.1177/1024258919847313
Abstract
"Das theoretische Konzept eines living wage in der Praxis in konkrete Zahlen umzusetzen, ist mit einer Reihe von Problemen verbunden. Eine vor kurzem durchgeführte Übersicht über die Vorgehensweisen in Großbritannien hat sich näher damit befasst, um zu einer einheitlichen und verbesserten Berechnungsgrundlage zu kommen. Die Ausgestaltung eines living wage hängt von einer Reihe technischer Entscheidungen zum Beispiel darüber ab, welche Datenquellen am besten zur Berechnung geeignet sind. Viele der Grundlagen jedoch, auf denen ein living wage basiert, erfordern eine Festlegung auf gesellschaftliche Werte, Erwartungen und Normen. Die Höhe des living wage in Großbritannien wird auf voluntaristischer Basis festgelegt und von Kampagnengruppen diskutiert und unterstützt; jede Methodik muss also auf soliden empirischen Erkenntnissen beruhen, gleichzeitig aber auch die Realitäten berücksichtigen, mit denen Arbeitgeber konfrontiert werden. Es kann also keine perfekte Vorgehensweise geben. Durch Analysen, Anhörung von Interessengruppen und eine klare Governancestruktur bietet die in London und im Rest Großbritanniens verwendete Methode ein belastbares, anerkanntes und zeitgemäßes Verfahren, um das für einen angemessenen Lebensstandard erforderliche Einkommen zu berechnen." (Autorenreferat, IAB-Doku)
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Literaturhinweis
The Living Wage in the UK: testing the limits of soft regulation? (2019)
Zitatform
Johnson, Mathew, Aristea Koukiadaki & Damian Grimshaw (2019): The Living Wage in the UK: testing the limits of soft regulation? In: Transfer, Jg. 25, H. 3, S. 319-333. DOI:10.1177/1024258919845768
Abstract
"Der vorliegende Artikel ist eine kritische Bewertung des in Großbritannien vor fast 20 Jahren eingeführten Living Wage und seiner Vor- und Nachteile. Es lässt sich belegen, dass die Erhöhung der Stundenlöhne signifikant war und offenbar keine oder nur geringe negative Auswirkungen auf Arbeitsplätze oder Arbeitszeiten hatte. Der Fall Großbritanniens zeigt jedoch auch, dass die Einführung eines Living Wage alleine nicht ausreicht ohne einen koordinierten Ansatz zu dessen universellen Umsetzung und ohne eine Verknüpfung mit einer effektiven Tarifpolitik. Unzureichende Koordinierung erklärt den sehr geringen Anteil an Niedriglohnempfängern, die von einem freiwilligen Living Wage abgedeckt werden. Eine schwache Verknüpfung mit Tarifverhandlungen bedeutet, dass selbst dort, wo ein Living Wage von einem Niedriglohn-Arbeitgeber eingeführt wurde, weitergehende Ausstrahlungseffekte (z.B. durch die Wahrung des Lohngefälles) sehr selten auftreten.
Die Autoren argumentieren, dass die freiwillige Akkreditierung bei der Living Wage Foundation von den Arbeitgebern zwar immer mehr als ein wichtiges Symbol der 'Unternehmensethik' gesehen wird, der Living Wage aber weiterhin ein relativ isoliertes Instrument der Lohnfestlegung in Großbritannien bleibt.
Dies ist nicht nur das Ergebnis der Freiwilligkeit der Kampagne, sondern auch der begrenzten Möglichkeiten eines direkten Zusammenwirkens mit anderen Mechanismen der Lohnfindung in Großbritannien - trotz der zahlreichen Belege, dass sich Living Wages und tarifvertraglich ausgehandelte Lohnstrukturen wechselseitig ergänzen. Der Artikel schließt mit der Untersuchung der unterschiedlichen Mechanismen, mit denen der Living Wage im Niedriglohn-Arbeitsmarktsegment weiter durchgesetzt und verankert werden könnte." (Autorenreferat, IAB-Doku) -
Literaturhinweis
Minimum wages and the gender gap in pay: new evidence from the UK and Ireland (2018)
Zitatform
Bargain, Olivier, Karina Doorley & Philippe Van Kerm (2018): Minimum wages and the gender gap in pay. New evidence from the UK and Ireland. (IZA discussion paper 11502), Bonn, 46 S.
Abstract
"Women are disproportionately in low paid work compared to men so, in the absence of rationing effects on their employment, they should benefit the most from minimum wage policies. This study examines the change in the gender wage gap around the introduction of minimum wages in Ireland and the United Kingdom. Using survey data for the two countries, we develop a decomposition of the change in the gender differences in wage distributions around the date of introduction of minimum wages. We separate out 'price' effects attributed to minimum wages from 'employment composition' effects. A significant reduction of the gender gap at low wages is observed after the introduction of the minimum wage in Ireland while there is hardly any change in the UK. Counterfactual simulations show that the difference between countries may be attributed to gender differences in non-compliance with the minimum wage legislation in the UK." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Minimum wages and firm value (2018)
Bell, Brian; Machin, Stephen;Zitatform
Bell, Brian & Stephen Machin (2018): Minimum wages and firm value. In: Journal of labor economics, Jg. 36, H. 1, S. 159-195. DOI:10.1086/693870
Abstract
"How does firm value change in response to a minimum wage hike? This paper exploits the announcement of a big change in the UK minimum wage that was both totally unanticipated and free of uncertainty. The stock market response to this is examined in an event study setting. The analysis uncovers significant falls in the stock market value of low-wage firms. In light of this finding, the paper concludes by discussing magnitudes of response, including longer-term modes of firm adjustment to the cost shock induced by the minimum wage hike." (Author's abstract, IAB-Doku) ((en))
Ähnliche Treffer
auch erschienen als: CEP discussion paper , 1404
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- IAB
- Grundsätzliches zum flächendeckenden Mindestlohn
- Auswirkungen des flächendeckenden Mindestlohns auf
- Auswirkungen des flächendeckenden Mindestlohns auf Personengruppen
- Ausnahmen vom flächendeckenden Mindestlohn für
- Ausweichreaktionen auf Mindestlöhne in Deutschland
- Bundesländer
- Branchenspezifische Mindestlöhne und deren Auswirkungen auf
- Mindestlohn in anderen Ländern