How elastic is labor demand? A meta-analysis for the German labor market
Abstract The own-wage elasticity of labor demand measures the effect of higher wages on firms’ demand for labor and, thus, determines the impact of supply shocks, minimum wages, and collective wage agreements on the labor market. I carry out a comprehensive meta-analysis to shed light on the nature...
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| Format: | Article |
| Language: | English |
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SpringerOpen
2023-04-01
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| Series: | Journal for Labour Market Research |
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| Online Access: | https://doi.org/10.1186/s12651-023-00337-8 |