scholarly journals Turning the Switch: An Evaluation of the Minimum Wage in the German Electrical Trade Using Repeated Natural Experiments

2013 ◽  
Vol 14 (3) ◽  
pp. 316-348 ◽  
Author(s):  
Bernhard Boockmann ◽  
Raimund Krumm ◽  
Pia Rattenhuber ◽  
Michael Neumann
Keyword(s):  
Minimum Wage ◽  
East Germany ◽  
Public Welfare ◽  
Natural Experiments ◽  
Employment Effects ◽  
Welfare Benefits ◽  
Wage Effect ◽  
Wage Effects

Abstract The introduction, abolition and subsequent re-introduction of the minimum wage in the German electrical trade gave rise to series of natural experiments, which are used to study minimum wage effects. We find similar impacts in all three cases on wages, employment and the receipt of public welfare benefits. Average wages are raised by the minimum wage in East Germany, but there is almost no evidence for employment effects. The results also show that the wage effect is quickly undone after the abolition of the minimum wage.

Minimum Wage Effects Under Weak Compliance with Labor Regulations: The Case of Bolivia

2017 ◽  
Author(s):  
Marcelo Claure ◽  
Jorge DDvalos ◽  
Alejandra Leyton ◽  
Vanessa SSnchez ◽  
Christian Valencia
Keyword(s):  
Minimum Wage ◽  
Labor Regulations ◽  
Wage Effects

scholarly journals The Minimum Wage Affects Them All: Evidence on Employment Spillovers in the Roofing Sector

2013 ◽  
Vol 14 (3) ◽  
pp. 282-315 ◽  
Author(s):  
Bodo Aretz ◽  
Terry Gregory ◽  
Melanie Arntz
Keyword(s):  
Minimum Wage ◽  
Scale Effects ◽  
Minimum Wages ◽  
Wage Distribution ◽  
Employment Effects ◽  
Eastern Germany

Abstract This study contributes to the sparse literature on employment spillovers of minimum wages. We exploit the minimum wage introduction and subsequent increases in the German roofing sector that gave rise to an internationally unprecedented hard bite of a minimum wage. We look at the chances of remaining employed in the roofing sector for workers with and without a binding minimum wage and use the plumbing sector that is not subject to a minimum wage as a suitable benchmark sector. By estimating the counterfactual wage that plumbers would receive in the roofing sector given their characteristics, we are able to identify employment effects along the entire wage distribution. The results indicate that the chances for roofers to remain employed in the sector in eastern Germany deteriorated along the entire wage distribution. Such employment spillovers to workers without a binding minimum wage may result from scale effects and/or capital-labour substitution.

Evaluation of a Nontraditional Approach to Fund, Finance, and Manage Metropolitan Freeways

2017 ◽  
Vol 2670 (1) ◽  
pp. 33-41 ◽  
Author(s):  
Patrick DeCorla-Souza ◽  
Morteza Farajian
Keyword(s):  
Cost Savings ◽  
Time Frame ◽  
Assessment Method ◽  
Public Welfare ◽  
Maintenance Cost ◽  
The Public ◽  
Welfare Benefits ◽  
Financial Position ◽  
Evaluation Approach ◽  
Operations And Maintenance

The purpose of this paper is twofold: ( a) to present a nontraditional, performance outcome–based public–private partnership (PPP) approach to finance and fund freeway reconstruction that relies not just on generating new revenue but also on optimizing scope and costs to achieve financial viability and ( b) to demonstrate how the approach can be evaluated for a specific project with an innovative value for money (VfM) assessment method that considers financial parameters, risk elements, and social benefits. The paper assesses the potential effects of the approach for a hypothetical project on ( a) the public agency’s financial position and ( b) public welfare. For this assessment, the effects of the project itself are assessed first by comparing conventional delivery of the project with “no build,” assuming that the project can be conventionally delivered in the same time frame as the PPP. Next, the effects of project acceleration are assessed by analyzing the effects of delaying conventional project delivery because of the public agency’s fiscal constraints. Finally, the PPP approach is compared with conventional delivery using public financing. The evaluation approach demonstrates how current VfM analysis practice may be enhanced by ( a) including a quantitative assessment of public welfare benefits and ( b) considering “no build” operations and maintenance cost savings to assess the net effect on the financial position of the agency.

scholarly journals Minimum Wage Effects in the Longer Run

2007 ◽  
Vol XLII (2) ◽  
pp. 435-452 ◽  
Author(s):  
David Neumark ◽  
Olena Nizalova
Keyword(s):  
Minimum Wage ◽  
Wage Effects

scholarly journals Immigration, Wages and Employment under Informal Labor Markets

2021 ◽  
Author(s):  
Lukas Delgado-Prieto
Keyword(s):  
Labor Markets ◽  
Formal Sector ◽  
Informal Workers ◽  
Informal Labor ◽  
Wage Effect ◽  
Wage Effects ◽  
Market Impacts ◽  
Negative Effect ◽  
Informal Labor Markets ◽  
High Degree

This paper studies the labor market impacts of a massive inflow of Venezuelans in Colombia. By comparing areas that received different shares of migrants, I find a negative effect on wages and on local employment for natives. The negative wage effect is driven by a large drop of wages in the informal sector, where migrants are mostly employed, while the negative employment effect is driven by a reduction of employment in the formal sector, where the minimum wage is binding. To explain these results, I develop a model in which firms hire formal and informal workers with different costs. If these workers have a high degree of substitutability, and wages for formal workers are rigid, firms reallocate formal to informal employment as a response to lower informal wages. In settings with informal labor markets migration can therefore lead to asymmetric employment and wage effects across the informal and formal sectors.

scholarly journals Employment Effects of the Federal Minimum Wage

10.3386/w0812 ◽  
1981 ◽  
Author(s):  
John Boschen ◽  
Herschel Grossman
Keyword(s):  
Minimum Wage ◽  
Employment Effects ◽  
Federal Minimum Wage

Die Auswirkungen des gesetzlichen Mindestlohns auf die Rentenentwicklung

2021 ◽  
Vol 70 (99) ◽  
pp. 1-19
Author(s):  
Oliver Ehrentraut ◽  
Philipp Kreuzer ◽  
Stefan Moog ◽  
Heidrun Weinelt ◽  
Oliver Bruttel
Keyword(s):  
Minimum Wage ◽  
Pension System ◽  
Full Time ◽  
Pension Insurance ◽  
Individual Level ◽  
Wage Effects ◽  
The Individual ◽  
Wage Increases ◽  
Full Time Employment ◽  
Pension Insurance System

Der Beitrag untersucht auf Basis eines Simulationsmodells und empirischer Daten die Auswirkungen des gesetzlichen Mindestlohns auf die Rentenversicherung. Dabei werden sowohl die Wirkungen auf das Rentensystem insgesamt als auch die individuellen Rentenansprüche von Beschäftigten analysiert. Auf das Rentensystem insgesamt hat der Mindestlohn praktisch keine Auswirkungen, weil der Impuls des Mindestlohns auf die gesamtwirtschaftliche Lohnsumme letztlich zu gering ist. Auf individueller Ebene können sich die Rentenanwartschaften der Versicherten je nachdem, wie deutlich ihr Verdienst aufgrund der Mindestlohneinführung gestiegen ist, erhöhen. Die Rentenanwartschaften bleiben aber bei einem Verdienst in Höhe des Mindestlohns selbst bei durchgängiger Vollzeitbeschäftigung unter dem Niveau der Grundsicherung im Alter. Abstract: The Effects of Minimum Wage on the Statutory Pension Insurance in Germany In 2015, Germany introduced a national minimum wage. Based on a simulation model and empirical data we analyse its effects on the statutory pension insurance. We will consider aggregate effects on the pension insurance system in total as well as on individual pension entitlements of employees. Our results show that the minimum wage has only negligible effects on the pension system as a whole because the minimum wage induced wage effects on the economy’s total wage bill are rather small. On the individual level, the minimum wage can help to increase individual pension entitlements. The magnitude depends on individual wage increases resulting from the minimum wage introduction. However, even continuous full-time employment at the minimum wage level will not be enough to lift individual pension entitlements above the guaranteed minimum pension level.

Minimum Wage Effects on Employment and Working Time of Chinese Workers

2020 ◽  
pp. 371-392
Author(s):  
Wenkai Sun ◽  
Xianghong Wang ◽  
Xiaoxi Zhang
Keyword(s):  
Minimum Wage ◽  
Working Time ◽  
Wage Effects ◽  
Chinese Workers
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