How Robust are Simulated Employment Effects of a Legal Minimum Wage in Germany?: A Comparison of Different Data Sources and Assumptions
How Robust are Simulated Employment Effects of a Legal Minimum Wage in Germany?: A Comparison of Different Data Sources and Assumptions
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德国法定最低工资的模拟就业影响有多强劲?:不同数据源和假设的比较
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发表时间:
2009
期刊:
影响因子:
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通讯作者:
Kai
中科院分区:
文献类型:
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作者:
Kai
Several empirical minimum wage studies have recently been published that simulate employment effects of a federal minimum wage in Germany. We disentangle various factors that explain the variation in previous simulation results. Based on data from the German Socio-Economic Panel and the newly available "Verdienststrukturerhebung 2006" we conduct robustness analyses that systematically test the range in the outcomes of different labor demand simulations. We find that labor demand effects are sensitive to measurement errors in wages, the representativeness of the sample with respect to several types of labor inputs as well as estimated and assumed labor demand and output price elasticities. Interactions of those determinants may lead to substantial differences in simulation outcomes.