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http://hdl.handle.net/10419/35297
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| Title: | | Fiscal effects of minimum wages: an analysis for Germany  |
| Authors: | | Bauer, Thomas K. Kluve, Jochen Schaffner, Sandra Schmidt, Christoph M. |
| Issue Date: | | 2008 |
| Series/Report no.: | | IZA discussion papers 3875 |
| 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. |
| Subjects: | | Minimum wages employment public budget fiscal effects |
| JEL: | | H60 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-20081217122 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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