Data and code for: Raising the bar: minimum wages and employers' hiring standards

<br>This is code accompanying the paper "Raising the bar: minimum wages and employers' hiring standards".<br>Abstract: 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.<br><br><br>