CEU Electronic Theses and Dissertations, 2018
| Author | Hakobyan, Shushanik |
|---|---|
| Title | Youth Employment Effect of the New German Minimum Wage |
| Summary | This study evaluates the short-term youth employment effect of statutory minimum wage introduced in Germany in 2014. We demonstrate that, following the minimum wage reform, youth employment faced a small decline in relation to a comparable synthetic control region. We estimate that by the second quarter of 2017 youth employment in the synthetic Germany was about 4.7% higher than in the actual Germany. Applying the inferential methods discussed in this thesis, we reveal the significance and the robustness of our estimates. In our analysis a combination of comparison units does a better job of reproducing the German youth employment trend than any single comparison country taken alone. On the one hand, we contribute to the existing scarce literature by providing evidence of youth employment change after the introduction of minimum wages in Germany. On the other hand, we contribute to the minimum wage literature by applying an increasingly popular data-driven method and by exploring the potential of synthetic control methods to comparative case studies in this area of research. |
| Supervisor | Reiff, Adam |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2018/hakobyan_shushanik.pdf |
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