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The Minimum Wage: A First Review of the Special Question

Author

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  • Przemyslaw Wojciechowski
  • Timo Wollmershäuser

Abstract

In November 2014 the Ifo Institute asked all companies participating in its monthly business survey, with the exception of contractors, two special questions on the minimum wage pertaining to the impact of the rule on them on the one hand, and how they plan to respond to it on the other. Based on an evaluation of the Ifo Business Survey, this article examines the extent to which companies actually implemented the measures that they announced.

Suggested Citation

  • Przemyslaw Wojciechowski & Timo Wollmershäuser, 2015. "The Minimum Wage: A First Review of the Special Question," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(05), pages 38-41, March.
    • Handle: RePEc:ces:ifosdt:v:68:y:2015:i:05:p:38-41
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    File URL: https://www.ifo.de/DocDL/ifosd_2015_05_6.pdf
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    References listed on IDEAS

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    1. Projektgruppe Gemeinschaftsdiagnose, 2014. "Deutsche Konjunktur im Aufschwung – aber Gegenwind von der Wirtschaftspolitik," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(03), pages 27-30, June.
    2. Christian Erthle & Klaus Wohlrabe & Przemyslaw Wojciechowski, 2014. "The Nationwide Minimum Wage and Companies’ Reaction to It – Results of a Special Poll Featuring in the Ifo Business Survey," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(23), pages 50-52, December.
    3. Robert Lehmann & Joachim Ragnitz & Michael Weber, 2015. "Mindestlohn in Ostdeutschland: Firmen planen Preiserhöhungen und Personalabbau," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 22(01), pages 40-42, February.
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    Citations

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    Cited by:

    1. Brautzsch, Hans-Ulrich & Schultz, Birgit, 2017. "The minimum wage effects on skilled crafts sector in Saxony-Anhalt," IWH Discussion Papers 31/2017, Halle Institute for Economic Research (IWH).
    2. Bofinger, Peter & Schnabel, Isabel & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2015. "Zukunftsfähigkeit in den Mittelpunkt. Jahresgutachten 2015/16 [Focus on Future Viability. Annual Report 2015/16]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201516.
    3. Stefan Sauer & Klaus Wohlrabe, 2020. "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88.

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    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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