The Effects of Minimum Wage Increases in the Czech Republic
Jakub Grossmann
Working Papers from Czech National Bank, Research and Statistics Department
Abstract:
This paper analyzes employment effects of four minimum wage increases implemented in the Czech Republic during 2012–2017, which cumulatively increased the national minimum wage by 37 percent. We analyze outcomes at the level of firm-occupation-county-specific job cells and apply an intensity-treatment estimator similar to that of Machin et al. (2003). Our preferred specifications suggest that minimum wage increases led to higher wages for low-paid workers and did not have significant impacts on their employment.
Keywords: Czech Republic; job cells; minimum wage; treatment intensity (search for similar items in EconPapers)
JEL-codes: J31 J38 J68 (search for similar items in EconPapers)
Date: 2021-08
New Economics Papers: this item is included in nep-cwa, nep-isf and nep-lma
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:cnb:wpaper:2021/2
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