Autori:
Bossler, Mario,
Broszeit, SandraTitolo:
Do minimum wages increase job satisfaction? Micro-data evidence from the new German minimum wagePeriodico:
LabourAnno:
2017 - Volume:
31 - Fascicolo:
4 - Pagina iniziale:
480 - Pagina finale:
493On 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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