Germany’s minimum wage reduced wage inequality with little overall employment loss, but “minijob” workers saw fewer working hours and some job exits. Effects became stronger after the large 2022 wage hike, showing policy details strongly shape outcomes.
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#MinimumWage #LaborEconomics #GermanyPolicyEffects
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#MinimumWage #LaborEconomics #GermanyPolicyEffects
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The devil is in the details: Heterogeneous effects of the German minim
Germany introduced a national minimum wage in 2015. While prior studies find limited effects on overall employment, we go into detail and examine its impact on working hours and minijobs. The minimum
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