Employment effects of minimum wages in Europe revisited

Michael Christl, Monika Köppl Turyna and Denes Kucsera
Authors registered in the RePEc Author Service: Monika Irena Köppl-Turyna

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to estimate the effect of minimum wage on employment rates taking into account potential nonlinearity. Focusing on three age groups, we find a significant nonlinear relationship between the minimum wage and employment for the young (15-24 years) and older working-age (55-64 years) groups, whereas for the prime-age workers (25-54 years) the minimum wage does not have a significant non-linear effect. Negative effect of the minimum wages on employment is stronger if the labor markets are otherwise strictly regulated and when workers are relatively unproductive.

Keywords: minimum wage; employment; young workers; Europe (search for similar items in EconPapers)
JEL-codes: J20 J38 J48 (search for similar items in EconPapers)
Date: 2015-07-01
New Economics Papers: this item is included in nep-eur and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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https://mpra.ub.uni-muenchen.de/65761/1/MPRA_paper_65761.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/67591/1/MPRA_paper_67591.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/76259/1/MPRA_paper_76259.pdf revised version (application/pdf)

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