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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16913 |
DP16913 Optimal minimum wages | |
Gabriel Ahlfeldt; Duncan Roth; Tobias Seidel | |
发表日期 | 2022-01-17 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We develop a quantitative spatial model with heterogeneous firms and a monopsonistic labour market to derive minimum wages that maximize employment or welfare. Quantifying the model for German micro regions, we find that the German minimum wage, set at 48% of the national mean wage, has increased aggregate worker welfare by about 2.1% at the cost or reducing employment by about 0.3%. The welfare-maximizing federal minimum wage, at 60% of the national mean wage, would increase aggregate worker welfare by 4%, but reduce employment by 5.6%. An employment-maximizing regional wage, set at 50\% of the regional mean wage, would achieve a similar aggregate welfare effect and increase employment by 1.1%. |
主题 | International Trade and Regional Economics ; Labour Economics ; Public Economics |
关键词 | Applied general equilibrium model Minimum wage Employment Unemployment Minimum wage policy Minimum wages Inequality Germany Monopsony |
URL | https://cepr.org/publications/dp16913 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545846 |
推荐引用方式 GB/T 7714 | Gabriel Ahlfeldt,Duncan Roth,Tobias Seidel. DP16913 Optimal minimum wages. 2022. |
条目包含的文件 | 条目无相关文件。 |
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