01163nam a22001457a 4500 521196 521196 221226b ||||| |||| 00| 0 eng d Butschek, Sebastian 36406 Raising the bar: Minimum wages and employers' hiring standards American Economic Journal: Economic Policy 14(2), May, 2022: p.91-124 Many scholars have studied the employment effects of minimum wages, but little is known about effects on the composition of hires. I investigate whether Germany's minimum wage introduction raised hiring standards, using worker fixed effects as a proxy for worker productivity. For the least productive workers hired, the minimum wage led to a 4 percentile point shift in the productivity distribution. This increase is missed using standard observable measures of worker productivity. The effects are larger with greater pre-reform screening intensity—indicating an employer response. This more selective hiring compensates about two-thirds of higher wage costs for the least productive hires.- Reproduced American Economic Journal: Economic Policy WAGES AR 0 0 ddc 0 0 395248 IIPA IIPA 2022-12-26 14(2), May, 2022: p.91-124 AR127747 2022-12-26 AR