"Gendered Effects of the Minimum Wage," with Alessandro Di Nola. Working paper (2024). R&R, International Economic Review.
Abstract: Women are more likely than men to work in low-hours jobs, which are associated with lower hourly wages and are disproportionately impacted by minimum wage policies. To quantify the gendered effects, we build and estimate an equilibrium search model that incorporates demographic and firm productivity heterogeneity, as well as jobs differing in both wages and hours requirements. The model replicates observed gender gaps in employment, hours worked, and wages, as well as the positive relationship between hours and hourly wages. We implement the minimum wage in our model with a penalty to address non-compliance. Using this framework, we find that Germany’s initial 8.5 € minimum wage reallocates women toward higher-hours jobs, reducing non-employment. Firm adjustments, however, dampen this effect by raising wages for low-hours jobs, making them relatively more attractive. Enhanced enforcement of the minimum wage amplifies the upward reallocation for women. Finally, we examine the effects of higher minimum wages, finding that increases up to 14 € reduce both the gender wage and hours-worked gaps. At 11 €, 30.4% of the reduction in the gender income gap is attributable to changes in hours worked.
"Working Hours and the Child Penalty in an Equilibrium Household Search Model," with Alessandro Di Nola, Leo Kaas, and Chiara Lacava.
"Wealth Tax, Entrepreneurship and the Legal Form of Business Organization," with Alessandro Di Nola and Almuth Scholl.
"Joint Taxation and Household Job-Search over the Business Cycle," with Alessandro Di Nola and Robert Kirkby
"Taxation of Top Incomes and Tax Avoidance," with Alessandro Di Nola, Georgi Kocharkov, Almuth Scholl, and Anna Tkhir. Blog posts: Nada es gratis, SUERF policy brief. Forthcoming, International Economic Review.
"Teenage Childbearing and the Welfare State," with Alessandro Di Nola, Georgi Kocharkov, and Jan Mellert. Macroeconomic Dynamics, vol. 29, 2025.
"Equilibrium Effects of Payroll Tax Reductions and Optimal Policy Design," with Thomas Breda and Luke Haywood. Previously titled "Labor market responses to payroll tax reductions." Labour Economics, vol. 91, 2024.
"Rescue Policies for Small Businesses in the Covid-19 Recession," with Alessandro Di Nola and Leo Kaas. Review of Economic Dynamics, vol. 51, 2023. Working paper.
"Intra-household risk sharing and job search over the business cycle." Review of Economic Dynamics, vol. 34, 2019. Working paper.
"Un modèle calibré pour évaluer l'effet du CICE sur l'emploi," with Thomas Breda and Luke Haywood. Revue Française d'Economie, vol. 32 (1), 2017.