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Employment effects of minimum wages in Europe revisited

Michael Christl (), Monika Köppl Turyna and Denes Kucsera
Authors registered in the RePEc Author Service: Monika Irena Köppl-Turyna ()

MPRA Paper from University Library of Munich, Germany

Abstract: 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
Date: 2015-07-01
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Downloads: (external link) original version (application/pdf) revised version (application/pdf) revised version (application/pdf)

Related works:
Journal Article: Revisiting the Employment Effects of Minimum Wages in Europe (2018) Downloads
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