REALLOCATION EFFECTS OF THE MINIMUM WAGE

• 成果类型: Article
• 署名作者: Dustmann, Christian; Lindner, Attila; Schonberg, Uta; Umkehrer, Matthias; vom Berge, Philipp
• 署名单位: University of London; University College London; University of London; University College London; University of London; London School Economics & Political Science; University College London; Centre for Economic Policy Research - UK; HUN-REN; HUN-REN Centre for Economic & Regional Studies; University of London; University College London; IZA Institute Labor Economics
• 刊物名称: QUARTERLY JOURNAL OF ECONOMICS
• ISSN/ISSBN: 0033-5533
• DOI: 10.1093/qje/qjab028
• 发表日期: 2022
• 页码: 267-328
• 关键词: job creation; EMPLOYMENT; industry; PRODUCTIVITY; search; IMPACT

摘要

We investigate the wage, employment, and reallocation effects of the introduction of a nationwide minimum wage in Germany that affected 15% of all employees. Based on identification designs that exploit variation in exposure across individuals and local areas, we find that the minimum wage raised wages but did not lower employment. It also led to the reallocation of low-wage workers from smaller to larger, from lower- to higher-paying, and from less to more productive establishments. This worker upgrading accounts for up to 17% of the wage increase induced by the minimum wage. Moreover, at the regional level, average establishment quality increased in more affected areas in the years following the introduction of the minimum wage.