Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/148446 
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Erscheinungsjahr: 
2015
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 221 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2015
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases redistribute gross domestic product away from lower-skilled industries and toward higher-skilled industries and are largely ineffective in assisting the poor during both peaks and troughs in the business cycle. Minimum wage-induced reductions in employment are found to be larger during economic recessions.
Schlagwörter: 
minimum wages
business cycle
productivity
poverty
JEL: 
J38
J31
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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