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The thesis explores the contentious issue of minimum wage implementation in Germany and its economic implications. Proponents argue that it enhances the welfare of low-income families and reduces income disparity, while critics contend that it fails to effectively address inequality and may lead to inefficiencies, such as higher unemployment due to decreased labor demand. The work delves into the contrasting perspectives on how minimum wage affects different income groups and the broader economic landscape.
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Empirical studies on the effect of the minimum wage. Why are empirical studies of the minimum wage in conflict?, anonym
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- 2024
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