The Combined Employment Effects of Minimum Wages and Labor Market Regulation: A Meta-Analysis

30 Pages Posted: 29 Jun 2010

See all articles by Bernhard Boockmann

Bernhard Boockmann

ZEW – Leibniz Centre for European Economic Research; Institute for Applied Economic Research (IAW); IZA Institute of Labor Economics

Abstract

This paper provides a meta-analysis of 55 empirical studies estimating the employment effects of minimum wages in 15 industrial countries. It strongly confirms the notion that the effects of minimum wages are heterogeneous between countries. As possible sources of heterogeneity, it considers the benefit replacement ratio, employment protection and the collective bargaining system. While the results are in line with theoretical expectations, the degree to which they are robust differs across these institutions.

Keywords: minimum wage, regulation, employment, meta-analysis

JEL Classification: J38, J20, C12

Suggested Citation

Boockmann, Bernhard, The Combined Employment Effects of Minimum Wages and Labor Market Regulation: A Meta-Analysis. IZA Discussion Paper No. 4983, Available at SSRN: https://ssrn.com/abstract=1631118 or http://dx.doi.org/10.2139/ssrn.1631118

Bernhard Boockmann (Contact Author)

ZEW – Leibniz Centre for European Economic Research ( email )

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IZA Institute of Labor Economics

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