The Impact of Minimum Wage Regulations on Educational Incentives for the Youth (eBook)

An Empirical Analysis for Germany

Kim Leonie Kellermann (Autor)

eBook Download: PDF

2016 | 1st ed. 2017
XVI, 148 Seiten
Springer Fachmedien Wiesbaden (Verlag)
978-3-658-16489-8 (ISBN)

Infos

Kim Leonie Kellermann analyzes the impact of sectoral minimum wages in Germany on the willingness of youths to undergo apprenticeship training. Using data from the German Socio-economic Panel, the author shows that higher wage floors set small, positive incentives for vocational training in the respective sectors. In case employers have to pay higher wages, they preferably hire qualified workers so that the worse job prospects of the low-skilled outweigh the potential pay increase. In order to preserve these training opportunities, it can make sense for policymakers to exempt apprentices from minimum wages since subminimum apprenticeship rewards are more appealing to firms.

Kim Leonie Kellermann graduated from University of Münster with a Master of Science in Economics and works as a research assistant at the Chair of Political Economy of Prof. Dr. Thomas Apolte. Her PhD project focusses on the influence of labor market status on political participation and party preferences in democratic systems.

Inhalt

Foreword 6
Acknowledgements 8
Contents 9
List of Tables 11
List of Figures 13
List of Abbreviations 14
1 Introduction 16
2 State of Research 20
2.1 Theoretical Foundations 20
2.2 Evidence of Minimum Wage Effects on Education 26
2.2.1 Negative Impacts of Minimum Wages 26
2.2.2 Evidence of Other Minimum Wage Impacts 33
3 Minimum Wages in Germany 37
3.1 Generally Binding Sectoral Minimum Wages 37
3.2 The New Country-Wide Minimum Wage 42
4 Methodological Approach 47
4.1 Model Specification 47
4.1.1 Capture of Endogenous and Exogenous Variables 47
4.1.2 Regression Models 51
4.2 Data Base 54
4.2.1 Data Base Description 54
4.2.2 Stylized Facts 61
5 Regression Results 70
5.1 Results of the Baseline Model 70
5.2 Robustness Checks 85
5.2.1 Variations of Variables 85
5.2.2 Variations of Sample 90
6 Discussion of the Empirical Evidence 95
6.1 Interpretation of the Results 95
6.2 Limitations 103
7 Conclusion 107
References 110
Laws Directory 117
A Literature Overview 124
B Further Data Description 125
B.1 Dataset Codebook 125
B.2 Supplementary Descriptive Statistics 133
C Regression Supplements 141
D Graphical Illustrations 154

Produkt-Details

• Erscheint lt. Verlag: 27.12.2016
• Reihe/Serie: BestMasters
• Reihe/Serie: BestMasters
• Zusatzinfo: XVI, 148 p. 13 illus.
• Verlagsort: Wiesbaden
• Sprache: englisch
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: Apprenticeship Training • Education • Low-Skilled Outweigh • Policy • Vocational Training
• ISBN-10: 3-658-16489-1 / 3658164891
• ISBN-13: 978-3-658-16489-8 / 9783658164898