scholarly journals The Short-Term Distributional Effects of the German Minimum Wage Reform

2017 ◽  
Author(s):  
Marco Caliendo ◽  
Alexandra Fedorets ◽  
Malte Preuss ◽  
Carsten Schroeder ◽  
Linda Wittbrodt
Keyword(s):  
Minimum Wage ◽  
Short Term ◽  
Distributional Effects

scholarly journals The Short-Term Distributional Effects of the German Minimum Wage Reform

2018 ◽  
Author(s):  
Marco Caliendo ◽  
Alexandra Fedorets ◽  
Malte Preuss ◽  
Carsten Schroeder ◽  
Linda Wittbrodt
Keyword(s):  
Minimum Wage ◽  
Short Term ◽  
Distributional Effects

scholarly journals Analisis Peningkatan Upah Minimum Terhadap Penyerapan Tenaga Kerja di Provinsi Jawa Tengah

2021 ◽  
Vol 10 (3) ◽  
pp. 134-143
Author(s):  
Annisa Yulianti ◽  
Hadi Sasana
Keyword(s):  
Economic Growth ◽  
Minimum Wage ◽  
Time Series Data ◽  
Series Data ◽  
Short Term ◽  
Central Java ◽  
Meaningful Relationship ◽  
Short Time ◽  
Relationship Of

 This study aims to analyze the short-term and long-term relationship of increasing the minimum wage in Central Java on employment. The research method used is ECM. The variables of this study include labor, minimum wages, PMDN, and economic growth. The data used are time-series data from 1990-2020. The results show that the minimum wage has a positive and significant relationship to the employment in the long term but not significantly in the short time. PMDN has a negative but significant correlation in the short and long term. At the same time, the variable economic growth has a positive but not meaningful relationship to employment absorption in the long and short term.

scholarly journals Evaluating the Minimum-Wage Exemption of the Long-Term Unemployed in Germany

ILR Review ◽  
2020 ◽  
Vol 73 (5) ◽  
pp. 1095-1118
Author(s):  
Matthias Umkehrer ◽  
Philipp vom Berge
Keyword(s):  
Minimum Wage ◽  
Regression Discontinuity ◽  
Unemployment Duration ◽  
Regression Discontinuity Design ◽  
Micro Data ◽  
Job Seekers ◽  
Short Term ◽  
Employment Stability

The authors evaluate the exemption of long-term unemployed job seekers from Germany’s national minimum wage. Using linked survey and administrative micro data, they rely on a regression discontinuity design to identify the effects of the policy by comparing hiring rates, employment stability, and entry wages around the administrative threshold between short-term and long-term unemployment. They find that the exemption is very rarely used and that the minimum wage binds irrespective of past unemployment duration. While the minimum wage led to a relative rise in entry wages for the long-term unemployed compared to the short-term unemployed, the authors do not detect a relative deterioration in their employment prospects.

scholarly journals Long-Term Capital Goods Importation and Minimum Wage Relationship in Turkey: Bounds Testing Approach

2015 ◽  
Vol 10 (1) ◽  
pp. 122-129 ◽  
Author(s):  
Serkan Tastan ◽  
Halil Ozekicioglu
Keyword(s):  
Error Correction ◽  
Minimum Wage ◽  
Correction Term ◽  
Bounds Testing ◽  
Short Term ◽  
Capital Goods ◽  
Error Correction Mechanism ◽  
Bounds Testing Approach ◽  
Testing Approach

Abstract In order to examine the long-term relationship between capital goods importation and minimum wage, autoregressive distributed lag (ARDL) bounds testing approach to the cointegration is used in the study. According to bounds test results, a cointegration relation exists between the capital goods importation and the minimum wage. Therefore an ARDL(4,0) model is estimated in order to determine the long and short term relations between variables. According to the empirical analysis, there is a positive and significant relationship between the capital goods importation and the minimum wage in Turkey in the long term. A 1% increase in the minimum wage leads to a 0.8% increase in the capital goods importation in the long term. The result is similar for short term coefficients. The relationship observed in the long term is preserved in short term, though in a lower level. In terms of error correction model, it can be concluded that error correction mechanism works as the error correction term is negative and significant. Short term deviations might be resolved with the error correction mechanism in the long term. Accordingly, approximately 75% of any deviation from equilibrium which might arise in the previous six month period will be resolved in the current six month period. This means that returning to long term equilibrium progresses rapidly.

scholarly journals Comparative politics and causal evaluation of structural reforms: the case of the UK national minimum wage introduction

2019 ◽  
Vol 8 (2) ◽  
pp. 301-314
Author(s):  
Thomas König ◽  
Guido Ropers ◽  
Anika Buchmann
Keyword(s):  
Minimum Wage ◽  
Comparative Politics ◽  
Control Method ◽  
Post Treatment ◽  
Structural Reforms ◽  
Synthetic Control ◽  
Long Term Effects ◽  
Short Term ◽  
Similar Treatment

AbstractIn comparative studies, causal evaluations attempt to improve our understanding of the effectiveness of structural reforms by counterfactually inspecting post-treatment effects. Yet, even if comparative scholars find similar treatment and comparison units, the interpretation of the post-treatment trajectory is difficult as short-term estimates can be subject to strategic timing of reform implementation, while long-term effects are likely affected by further interventions. To illustrate these difficulties we apply the generalized synthetic control method to evaluate the introduction of a British national minimum wage. We find a short-term decreasing effect on youth unemployment that turns into an increasing effect over time. This suggests the presence of an upward biased selection effect from strategic timing. We also inspect two post-treatment interventions and find that they differ in their general and country-specific implications for the long-term trajectory.

Parties will raise Turkish voters' economic hopes

2015 ◽  
Keyword(s):  
Public Finance ◽  
Public Sector ◽  
Financial Markets ◽  
Minimum Wage ◽  
Credit Card ◽  
Job Creation ◽  
Short Term ◽  
Content Type ◽  
People's Party ◽  
The Public

Subject Parties' pre-election promises on the economy. Significance Opposition parties contesting the June 7 general election are seeking to benefit from the economy's weakness by bringing back the generous campaign pledges that were the stock-in-trade of leading politicians in the 1970s, 1980s and 1990s. For example, the main opposition Republican People's Party (CHP) is promising much larger benefits for pensioners, and a 50% increase in the minimum wage. It is also proposing tax-free fuel for farmers, ending sub-contracted labour in the public sector, additional job creation and social assistance schemes, and writing off 80% of credit card debt for the poorest consumers. Impacts Global conditions permitting, the election could contribute to a short-term recovery in consumer demand. Financial markets will pay closer attention to public finance indicators in the months ahead. In the event of a resolution or softening of Turkey's ideological divisions, the importance of electoral 'carrots' could increase.

South African national minimum wage will prove elusive

2017 ◽  
Keyword(s):  
South African ◽  
Minimum Wage ◽  
Medium Term ◽  
Short Term ◽  
Substantial Impact ◽  
Content Type ◽  
Macroeconomic Conditions ◽  
Current Minimum ◽  
Wage Floor ◽  
Labour Regulation

Significance Due to take effect on May 1, it would introduce a single wage floor set at 20.0 rand (1.5 dollars) per hour. The NMW is a significant departure from current minimum wage frameworks, both in terms of its level and its coverage, and is going to have a substantial impact on companies and low-wage employees in the short-to-medium term. Current labour market and macroeconomic conditions, however, increase the risk that the employment effects of the policy will be largely negative. Impacts The proposed minimum wage level, and the large proportion of workers currently earning below this, suggest likely job losses. From a labour regulation perspective, introducing a single NMW will simplify the extremely complicated minimum wage system. Inspection and enforcement infrastructure will require significant investment, but this is unlikely in the short term.

scholarly journals Minimum Wage as a Social Policy Instrument: Evidence from Germany

2020 ◽  
pp. 1-20
Author(s):  
KERSTIN BRUCKMEIER ◽  
OLIVER BRUTTEL
Keyword(s):  
Social Policy ◽  
Minimum Wage ◽  
Simulation Models ◽  
Policy Instrument ◽  
Interesting Case ◽  
Minimum Wages ◽  
Causal Effects ◽  
Short Term ◽  
Welfare Receipt

Abstract The minimum wage is often considered a social policy instrument that can help reduce both poverty and welfare receipt. The introduction of the statutory minimum wage in Germany in 2015 provides an interesting case study to analyse not only the potential but also the limitations of minimum wages as an instrument to achieve socially desirable goals such as reduced welfare receipt or poverty. Based on the results of simulation models, descriptive analyses and causal effects studies of the short-term effects, we argue that minimum wages are a rather badly targeted measure when attempting to reduce poverty and welfare receipt.

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