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The administration and impact of a national minimum wage: lessons for Germany

The administration and impact of a national minimum wage: lessons for Germany The problem of trying to estimate what the effect of the minimum wage will have on employment (or any other outcome) has puzzled economists for over 150 years. Some factions in Germany have recently contemplated supplementing their extensive system of sector and branch minimum wages with a National Minimum Wage (NMW). Perhaps some of the most valuable lessons for Germany can be drawn from the UK which introduced such a NMW as recently as 1999. This article provides an overview of recent evidence from the UK and other countries on the effects of the NMW and lessons to be drawn from instituting such a policy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal for Labour Market Research Springer Journals

The administration and impact of a national minimum wage: lessons for Germany

Journal for Labour Market Research , Volume 45 (4) – Nov 20, 2012

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References (33)

Publisher
Springer Journals
Copyright
Copyright © 2012 by Institut für Arbeitsmarkt- und Berufsforschung
Subject
Economics / Management Science; Labor Economics; Sociology, general; Human Resource Management; Economic Policy; Regional/Spatial Science; Population Economics
ISSN
1614-3485
eISSN
1867-8343
DOI
10.1007/s12651-012-0121-y
Publisher site
See Article on Publisher Site

Abstract

The problem of trying to estimate what the effect of the minimum wage will have on employment (or any other outcome) has puzzled economists for over 150 years. Some factions in Germany have recently contemplated supplementing their extensive system of sector and branch minimum wages with a National Minimum Wage (NMW). Perhaps some of the most valuable lessons for Germany can be drawn from the UK which introduced such a NMW as recently as 1999. This article provides an overview of recent evidence from the UK and other countries on the effects of the NMW and lessons to be drawn from instituting such a policy.

Journal

Journal for Labour Market ResearchSpringer Journals

Published: Nov 20, 2012

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