Konferenzbeitrag

Wage inequality in Germany after the minimum wage introduction

While monthly wage inequality in Germany continued to increase strongly until 2010, it recently returned to the level of the year 2000. We assess the role of the national minimum wage introduced in 2015. Unconditional quantile regressions combined with difference-indifferences show significant minimum wage effects of varying magnitudes along the lower half of the wage distribution. Employment dynamics cannot explain the effects along the wage distribution, implying strong wage increases among the existing workforce. Wage increases are not offset by decreasing social benefits. Overall, the minimum wage introduction can account for about half of the recent decrease in wage inequality

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2020: Gender Economics

Classification
Wirtschaft
Wage Level and Structure; Wage Differentials
Wages, Compensation, and Labor Costs: Public Policy
Subject
minimum wage
inequality
wages
Germany

Event
Geistige Schöpfung
(who)
Schank, Thorsten
Bossler, Mario
Event
Veröffentlichung
(who)
ZBW - Leibniz Information Centre for Economics
(where)
Kiel, Hamburg
(when)
2020

Handle
Last update
20.09.2024, 8:25 AM CEST

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Schank, Thorsten
  • Bossler, Mario
  • ZBW - Leibniz Information Centre for Economics

Time of origin

  • 2020

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