https://paperswithcode.com/paper/a-22-percent-increase-in-the-german-minimum * [ ] [ ] * Browse State-of-the-Art * Datasets * Methods * More Newsletter RC2022 About Trends Portals Libraries * * Sign In Subscribe to the PwC Newsletter x Stay informed on the latest trending ML papers with code, research developments, libraries, methods, and datasets. Read previous issues [ ] Subscribe Join the community x You need to log in to edit. You can create a new account if you don't have one. Edit Social Preview x Description (*) Default ( ) Custom [No code available ye] [ ] [ ] [ ] [ ] [ ] Image (*) Default ( ) Custom ( ) None [2405] File is too large Upload an image to customize your repository's social media preview. Images should be at least 640x320px (1280x640px for best display). [ ] Close Save Add a new code entry for this paper x GitHub, GitLab or BitBucket URL:* [ ] [ ] Official code from paper authors Submit Remove a code repository from this paper x Mark the official implementation from paper authors x --------------------------------------------------------------------- There is no official implementation (*) --------------------------------------------------------------------- Multiple official implementations [ ] Submit Add a new evaluation result row x To add evaluation results you first need to add a task to this paper. Add a new evaluation result row x TASK DATASET MODEL METRIC NAME METRIC VALUE GLOBAL RANK REMOVE Add a task x Add: [---------] Not in the list? Create a new task. New task name: [ ] Top-level area: [--------- ] Parent task (if any): [---------] Description: [ ] [ ] [ ] Submit Remove a task x Add a method x Add: [---------] Not in the list? Create a new method. New method name (e.g. ReLU): [ ] New method full name (e.g. Rectified Linear Unit): [ ] Paper where method was first introduced: [---------] Method category (e.g. Activation Functions): If no match, add something for now then you can add a new category afterwards. [---------] Markdown description (optional; $\LaTeX$ enabled): You can edit this later, so feel free to start with something succinct. [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Submit Remove a method x Edit Datasets x Add or remove datasets introduced in this paper: Add or remove other datasets used in this paper: Paper introduces a new dataset? Add a new dataset here Save A 22 percent increase in the German minimum wage: nothing crazy! 21 May 2024 * Mario Bossler, Lars Chittka, Thorsten Schank * Edit social preview We present the first empirical evidence on the 22 percent increase in the German minimum wage, implemented in 2022, raising it from Euro 9.82 to 10.45 in July and to Euro 12 in October. Leveraging the German Earnings Survey, a large and novel data source comprising around 8 million employee-level observations reported by employers each month, we apply a difference-in-difference-in-differences approach to analyze the policy's impact on hourly wages, monthly earnings, employment, and working hours. Our findings reveal significant positive effects on wages, affirming the policy's intended benefits for low-wage workers. Interestingly, we identify a negative effect on working hours, mainly driven by minijobbers. The hours effect results in an implied labor demand elasticity in terms of the employment volume of -0.17 which only partially offsets the monthly wage gains. We neither observe a negative effect on the individual's employment retention nor the regional employment levels. PDF Abstract Code Edit Add Remove Mark official --------------------------------------------------------------------- No code implementations yet. Submit your code now Tasks Edit Add Remove --------------------------------------------------------------------- Datasets Edit --------------------------------------------------------------------- Add Datasets introduced or used in this paper Results from the Paper Edit --------------------------------------------------------------------- Submit results from this paper to get state-of-the-art GitHub badges and help the community compare results to other papers. Methods Edit Add Remove --------------------------------------------------------------------- No methods listed for this paper. Add relevant methods here Contact us on: hello@paperswithcode.com . Papers With Code is a free resource with all data licensed under CC-BY-SA. Terms Data policy Cookies policy from [3Wqt0fQd1Y]