The minimum wage effects on skilled crafts sector in Saxony-Anhalt / Hans-Ulrich Brautzsch, Birgit Schultz
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The minimum wage effects on skilled crafts sector in Saxony-Anhalt
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1011272180
URN
urn:nbn:de:gbv:3:2-83633
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Publication history
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, [29. Dezember 2017]
Content
1 Online-Ressource (III, 51 Seiten, 3,04 MB) : Diagramme
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Language
eng
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Abstract
This paper examines the effects of the minimum wage introduction in Germany in 2015 on the skilled crafts sector in Saxony-Anhalt. Using novel survey data on the skilled crafts sector in Saxony-Anhalt, we examine three questions: (1) How many employees are affected by the minimum wage introduction in the skilled crafts sector in Saxony- Anhalt? (2) What are the effects of the minimum wage introduction? (3) How have firms reacted to wage increase? We find that about 8% of all employees in the skilled crafts sector in Saxony-Anhalt are directly affected by the minimum wage introduction. A difference-in-difference estimation reveals no significant employment effects of the minimum wage introduction. We test for alternative adjustment strategies and observe a significant increase of output prices.
Series
IWH-Diskussionspapiere ; 2017, no. 31 (December 2017) ppn:837399270