Autori
Bossler, Mario
Broszeit, Sandra

Titolo
Do minimum wages increase job satisfaction? Micro-data evidence from the new German minimum wage
Periodico
Labour
Anno: 2017 - Volume: 31 - Fascicolo: 4 - Pagina iniziale: 480 - Pagina finale: 493

On January 1, 2015, a new statutory minimum wage of € 8.50 per hour of work was introduced in Germany. Using a difference-in-differences approach, we estimate effects on worker-level outcomes of continuing employees. The results reveal a meaningful absolute increase in the affected workers' pay satisfaction. The increase in job satisfaction is modest and predominantly driven by changes in pay satisfaction implying only a small effect on all other dimensions of job satisfaction. Moreover, effects from the minimum wage on work engagement and turnover intention are virtually zero.



SICI: 1121-7081(2017)31:4<480:DMWIJS>2.0.ZU;2-9

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