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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Impact of Minimum Wage Regulations on Educational Incentives for the Youth: An Empirical Analysis for Germany

The Impact of Minimum Wage Regulations on Educational Incentives for the Youth: An Empirical Analysis for Germany

Kellermann, Kim Leonie

Paperback

Series: Bestmasters

LaborGeneral Political ScienceSocial Movements

ISBN10: 3658164883
ISBN13: 9783658164881
Publisher: Springer Gabler
Published: Jan 5 2017
Pages: 148
Weight: 0.45
Height: 0.35 Width: 5.83 Depth: 8.27
Language: English

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.

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