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A counterargument on real wage development in Germany

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  • Jürgen Kromphardt

Abstract

In ifo Schnelldienst 19/2007 Hans-Werner Sinn argued against the introduction of minimum wages in Germany in his "note on real wage development in Germany", since this would lead to a loss of jobs. Juergen Kromphardt, Technical University of Berlin and former member of the German Council of Economic Experts, interprets the data differently and draws a contrary economic-policy conclusion.

Suggested Citation

  • Jürgen Kromphardt, 2008. "A counterargument on real wage development in Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(02), pages 1-20, January.
    • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:02:p:20
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    References listed on IDEAS

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    1. Metcalf, David, 2007. "Why has the British national minimum wage had little or no impact on employment?," LSE Research Online Documents on Economics 19742, London School of Economics and Political Science, LSE Library.
    2. David Metcalf, 2007. "Why Has the British National Minimum Wage Had Little or No Impact on Employment?," CEP Discussion Papers dp0781, Centre for Economic Performance, LSE.
    3. Marcel Thum & Joachim Ragnitz, 2007. "On the introduction of minimum wages: empirical relevance of the low wage sector," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(10), pages 33-35, May.
    4. Joachim Ragnitz & Marcel Thum, 2007. "Zur Einführung von Mindestlöhnen: empirische Relevanz des Niedriglohnsektors," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(03), pages 36-39, June.
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    More about this item

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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