G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16913
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
URLhttps://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.
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