When the minimum wage was introduced in Germany in 2015, there were febrile forecasts of huge job losses. These have proved minimal—while incomes and consumption have benefitted.
About Toralf Pusch and Arne Heise
Toralf Pusch heads the unit for labour market analysis at the Institute of Economic and Social Research (WSI, Dusseldorf); his interests include macroeconomics, labour economics and income distribution. Arne Heise is a professor of economics and director of the Center for Economic and Sociological Studies (CESS) at the University of Hamburg and co-editor of the International Journal of Public Policy.