Unemployment effects of the German minimum wage in an equilibrium job search model

被引：0
|
作者：
Bloemer, Maximilian J. [1 ]
Guertzgen, Nicole [2 ,3 ,4 ]
Pohlan, Laura [2 ,4 ,9 ]
Stichnoth, Holger [4 ,9 ,10 ]
van den Berg, Gerard J. [4 ,5 ,6 ,7 ,8 ]
机构：
[1] Ifo Inst, Munich, Germany
[2] IAB, Nurnberg, Germany
[3] Univ Regensburg, Regensburg, Germany
[4] ZEW, Mannheim, Germany
[5] Univ Groningen, Univ Med Ctr Groningen, Groningen, Netherlands
[6] IFAU, Uppsala, Sweden
[7] CEPR, London, England
[8] CESifo, Munich, Germany
[9] IZA, Bonn, Germany
[10] Univ Strasbourg, Strasbourg, France
来源：
LABOUR ECONOMICS | 2024年 / 91卷
关键词：
Monopsony; Wages; Employment; Productivity; Structural estimation; LABOR-MARKET; EXPECTATIONS; INEQUALITY; EXPERIENCE; DISPERSION; INCREASES; IMPACTS; WORKERS;
D O I：
10.1016/j.labeco.2024.102626
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We structurally estimate an equilibrium search model using German administrative data and use the model for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori; it allows for different job offer arrival rates for the employed and the unemployed and lets firms optimally choose their recruiting intensity. We find that unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labor market segment defined by region, skill, and permanent worker ability.
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页数：31
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