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© 2017

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

An Empirical Analysis for Germany

Book
  • 3k Downloads

Part of the BestMasters book series (BEST)

Table of contents

  1. Front Matter
    Pages I-XVI
  2. Kim Leonie Kellermann
    Pages 1-4
  3. Kim Leonie Kellermann
    Pages 5-21
  4. Kim Leonie Kellermann
    Pages 23-32
  5. Kim Leonie Kellermann
    Pages 33-55
  6. Kim Leonie Kellermann
    Pages 57-81
  7. Kim Leonie Kellermann
    Pages 83-94
  8. Kim Leonie Kellermann
    Pages 95-97
  9. Back Matter
    Pages 99-148

About this book

Introduction

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.


Contents


  • Evidence of Minimum Wage Effects on Education
  • Generally Binding Sectoral Minimum Wages
  • The New Country-Wide Minimum Wage


Target Groups


  • Researchers and students in the fields of economic science and political economy
  • Executives and politicians in these areas


The Author


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.

Keywords

Education Apprenticeship Training Vocational Training Low-Skilled Outweigh Policy

Authors and affiliations

  1. 1.Lehrstuhl für Ökonomische PolitikanalyseWestfälische Wilhelms-UniversitätMünsterGermany

About the authors

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.

Bibliographic information

  • Book Title The Impact of Minimum Wage Regulations on Educational Incentives for the Youth
  • Book Subtitle An Empirical Analysis for Germany
  • Authors Kim Leonie Kellermann
  • Series Title BestMasters
  • Series Abbreviated Title BestMasters
  • DOI https://doi.org/10.1007/978-3-658-16489-8
  • Copyright Information Springer Fachmedien Wiesbaden GmbH 2017
  • Publisher Name Springer Gabler, Wiesbaden
  • eBook Packages Economics and Finance Economics and Finance (R0)
  • Softcover ISBN 978-3-658-16488-1
  • eBook ISBN 978-3-658-16489-8
  • Edition Number 1
  • Number of Pages XVI, 148
  • Number of Illustrations 13 b/w illustrations, 0 illustrations in colour
  • Topics Economic Policy
    Labor Economics
  • Buy this book on publisher's site