Minimum wage and job reallocation: The hidden role of financial constraints
The introduction of Germany’s minimum wage in 2015 did not cause substantial changes to overall employment; rather, it triggered large shifts in the…
Max Gerber
2 Beiträge
The unexpected effects of the German minimum wage on income equality in firms
When Germany introduced its federal statutory minimum wage of 8.50 euro in 2015, it marked a major shift in labour policy. Fast forward to 2025, and…