Employment effects of minimum wages in Europe revisited
Michael Christl (),
Monika Köppl Turyna and
Authors registered in the RePEc Author Service: Monika Irena Köppl-Turyna ()
MPRA Paper from University Library of Munich, Germany
The aim of this paper is to estimate the effect of minimum wage on employment rates taking into account potential nonlinearity. Focusing on three age groups, we find a significant nonlinear relationship between the minimum wage and employment for the young (15-24 years) and older working-age (55-64 years) groups, whereas for the prime-age workers (25-54 years) the minimum wage does not have a significant non-linear effect. Negative effect of the minimum wages on employment is stronger if the labor markets are otherwise strictly regulated and when workers are relatively unproductive.
Keywords: minimum wage; employment; young workers; Europe (search for similar items in EconPapers)
JEL-codes: J20 J38 J48 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur and nep-lma
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https://mpra.ub.uni-muenchen.de/65761/1/MPRA_paper_65761.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/67591/1/MPRA_paper_67591.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/76259/1/MPRA_paper_76259.pdf revised version (application/pdf)
Journal Article: Revisiting the Employment Effects of Minimum Wages in Europe (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:65761
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