Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/148468 
Erscheinungsjahr: 
2016
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 243 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2016
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Policymakers often propose a minimum wage as a means of raising incomes and lifting workers out of poverty. However, improvements in some young workers’ incomes as a result of a minimum wage come at a cost to others. Minimum wages reduce employment opportunities for youths and create unemployment. Workers miss out on on-the-job training opportunities that would have been paid for by reduced wages upfront but would have resulted in higher wages later. Youths who cannot find jobs must be supported by their families or by the social welfare system. Delayed entry into the labor market reduces the lifetime income stream of young unskilled workers.
Schlagwörter: 
minimum wages
youth employment
entry-level jobs
work experience
on-the-job training
JEL: 
J30
J31
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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