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Empirica

, Volume 44, Issue 4, pp 781–805 | Cite as

Effects of collective minimum wages on youth employment in Austria

  • Michael Christl
  • Monika Köppl-TurynaEmail author
  • Dénes Kucsera
Original Paper

Abstract

This paper analyzes the impact of collective minimum wages on youth employment for 14 sectors of the Austrian economy, taking into account the possibility of nonlinearity. We find that when the real index of minimum wage rises above a certain point, negative employment effects for young individuals (aged between 19 and 25 years) can be expected in Austria. In five of seven market sectors the minimum wage lies above the optimal level that maximizes the employment of young workers.

Keywords

Minimum wage Employment Young workers Austria Collective bargaining 

JEL Classification

J20 J38 J48 

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Copyright information

© Springer Science+Business Media New York 2016

Authors and Affiliations

  • Michael Christl
    • 1
  • Monika Köppl-Turyna
    • 1
    Email author
  • Dénes Kucsera
    • 1
  1. 1.Agenda AustriaWienAustria

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