Inst. fĂĽr Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
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.Series: Department of Economics Working Paper Serie
