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

The Impact of Minimum Wage Regulations on Educational Incentives for the Youth : An Empirical Analysis for Germany. 青年の教育のインセンティブへの 最低賃金の規制の影響-ドイツの実証分析

・ISBN 978-3-658-16488-1 paper EUR 49.99

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お気に入り
著者・編者Kellermann, Kim Leonie,
シリーズBestMasters
出版社(Springer Gabler, GW)
出版年月2017
ページ数148 pp.
言語ENG
ニュース番号<637-422 637-P952>

解説

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.