The new German statutory minimum wage in comparative perspective: Employment effects and other adjustment channels
研究了德国2015年引入法定最低工资后对工资结构、就业和企业的影响，发现低薪员工工资显著提高但就业负面效应有限，企业通过调整工时、工作强度、价格等渠道应对。
Germany was one of only seven EU member states without a statutory minimum wage before its new legislation took effect in January 2015. We explore the consequences for wage structure, employment and companies. The new wage floor brought significant increases for low-paid employees, with limited observable negative employment effects thus far. To explain these benign outcomes, we refer to institutionalist and behavioural theories and discuss a number of other adjustment channels for companies. Preliminary evidence suggests that companies in sectors highly affected have responded by reducing working hours and/or increasing work intensity and prices. Some have cut special payments and non-wage benefits, reduced labour turnover and attempted to absorb higher wages by hiring more qualified staff. Non-compliance may also constitute an adjustment channel.