@techreport{Bauer2008Fiscal,
abstract = {Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical results imply that the introduction of minimum wages in Germany will be associated with significant employment losses that are concentrated among marginal and low- and semi-skilled full-time workers. Even though minimum wages will lead to increased public revenues from income taxes and social security benefits, they will result in a significant fiscal burden, due to increased expenditures for unemployment benefits and decreased revenues from corporate taxes.},
address = {Essen},
author = {Thomas K. Bauer and Jochen Kluve and Sandra Schaffner and Christoph M. Schmidt},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-3-86788-086-2},
keywords = {H60; J31; J88; 330; Minimum wages; employment; public budget; fiscal effects; Mindestlohn; Wirtschaftspolitische Wirkungsanalyse; Besch\"{a}ftigungseffekt; \"{O}ffentliche Ausgaben; \"{O}ffentliche Einnahmen; Deutschland},
language = {eng},
number = {79},
publisher = {RWI},
title = {Fiscal effects of minimum wages: an analysis for Germany},
type = {Ruhr economic papers},
url = {http://hdl.handle.net/10419/26845},
year = {2008}
}
