Abstract
This paper evaluates stylised facts for the Austrian industry. I execute a time series analysis for minimum wage, productivity, output and employment. Tests for cointegration
and Granger-causality are done. The results are in contrast to most empirical studies that analyse the empirical effects of minimum wages on employment. Especially no negative impact of minimum wage on employment was found.
and Granger-causality are done. The results are in contrast to most empirical studies that analyse the empirical effects of minimum wages on employment. Especially no negative impact of minimum wage on employment was found.
| Original language | English |
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| Place of Publication | Vienna |
| Publisher | Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business |
| Publication status | Published - 1 Sep 1993 |
Publication series
| Name | Department of Economics Working Paper Series |
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| No. | 21 |
WU Working Paper Series
- Department of Economics Working Paper Series