German minimum wage brought productivity boost, study shows
February 18, 2020
Productivity by German workers has increased since the country introduced a minimum wage in 2015, a study published today by Anglo-German researchers showed.
“Contrary to concerns that marked the debate before the national minimum wage was introduced, we did not find that it led to a reduction in employment,” University College London (UCL) researcher Christian Dustmann said in a statement.
“On the contrary, the minimum wage increased productivity by redistributing workers from less productive to more productive companies,” Dustmann added.