Arbeitspapier
Minimum wages and vocational training incentives in Germany
We examine the impact of sector-specific minimum wages in Germany on the willingness of youths to undergo vocational training. The theoretical intuition on the impact of wage floors on education is ambiguous. On the one hand, they raise the opportunity cost of education and prevent further skill accumulation. On the other hand, they lower the employment probability of unskilled workers, promoting additional training. Employing a mixed logit model, we estimate the probability of opting for an apprenticeship for a GSOEP-based sample of youths aged 17 to 24. Unlike the evidence from other countries, we find that increasing sectoral wage floors have a positive effect on training probabilities. Due to binding minimum wages, the demand for unskilled workers declines which lowers the opportunity cost of education. High requirements with regard to professional skills reinforce the effect.
- Sprache
-
Englisch
- Erschienen in
-
Series: IAAEU Discussion Paper Series in Economics ; No. 08/2017
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Analysis of Education
Education: Government Policy
Human Capital; Skills; Occupational Choice; Labor Productivity
- Thema
-
minimum wages
education
vocational training
occupational choice
discrete choice
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kellermann, Kim Leonie
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Trier, Institute for Labour Law and Industrial Relations in the European Union (IAAEU)
- (wo)
-
Trier
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kellermann, Kim Leonie
- University of Trier, Institute for Labour Law and Industrial Relations in the European Union (IAAEU)
Entstanden
- 2017
Ähnliche Objekte (12)
Minimum wages and vocational training incentives in Germany
Minimum wages enhancing trainers' incentives
Minimum wages and firm training
Minimum wages and firm training
Do Minimum Wages Reduce Employment and Training?
Minimum Wages and On-the-Job Training
Training and minimum wages: First evidence from the introduction of the minimum wage in Germany
Separation incentives and minimum wages in a job-posting search framework
How the Minimum Wage Affects Training among Apprentices
Incentives to Comply with the Minimum Wage in the US and UK
Vocational Training and Gender: Wages and Occupational Mobility among young Workers
Vocational training and gender: wages and occupational mobility among young workers
Minimum wages and vocational training incentives in Germany
Minimum wages enhancing trainers' incentives
Minimum wages and firm training
Minimum wages and firm training
Do Minimum Wages Reduce Employment and Training?
Minimum Wages and On-the-Job Training
Training and minimum wages: First evidence from the introduction of the minimum wage in Germany
Separation incentives and minimum wages in a job-posting search framework
How the Minimum Wage Affects Training among Apprentices
Incentives to Comply with the Minimum Wage in the US and UK
Vocational Training and Gender: Wages and Occupational Mobility among young Workers
Vocational training and gender: wages and occupational mobility among young workers
Minimum wages and vocational training incentives in Germany
Minimum wages enhancing trainers' incentives
Minimum wages and firm training
Minimum wages and firm training
Do Minimum Wages Reduce Employment and Training?
Minimum Wages and On-the-Job Training
Training and minimum wages: First evidence from the introduction of the minimum wage in Germany
Separation incentives and minimum wages in a job-posting search framework
How the Minimum Wage Affects Training among Apprentices
Incentives to Comply with the Minimum Wage in the US and UK
Vocational Training and Gender: Wages and Occupational Mobility among young Workers