← Back
Publicaciones

Effects of collective minimum wages on youth employment in Austria

Authors

CHRISTL, MICHAEL, Koeppl-Turyna, Monika , Kucsera, Denes

External publication

Si

Means

Empirica

Scope

Article

Nature

Científica

JCR Quartile

SJR Quartile

JCR Impact

0.706

SJR Impact

0.38

Publication date

01/11/2017

ISI

000414176600007

Scopus Id

2-s2.0-85032671095

Abstract

This paper analyzes the impact of collective minimum wages on youth employment for 14 sectors of the Austrian economy, taking into account the possibility of nonlinearity. We find that when the real index of minimum wage rises above a certain point, negative employment effects for young individuals (aged between 19 and 25 years) can be expected in Austria. In five of seven market sectors the minimum wage lies above the optimal level that maximizes the employment of young workers.

Keywords

Minimum wage; Employment; Young workers; Austria; Collective bargaining

Universidad Loyola members