“…On the other hand, more recent research, using panel data and restricted to German industries, suggests that the introduction of a minimum wage has led to a substantial increase in the share of own-account self-employment, with the extent of the rise varying across industries and regions. In their model, Ganserer, Gregory and Zierahn (2022) show that a high minimum wage induces a decline in both the demand and wage-compensation for dependent high-skilled employment, which, in turn, gives these workers an incentive to enter own-account self-employment.…”