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We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...
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We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that appear to bias earlier work: violation of the assumed independence of state wage levels and state wage dispersion, and errors-in-variables that inflate impact estimates via an...
Persistent link: https://www.econbiz.de/10013118435
This paper investigates the impact of the UK's National Minimum Wage (NMW) on wage inequality across plants using a unique monthly panel data set of British plants. We find an effect of the NMW on low-wage plants, as we would expect, as well as evidence of spill-over effects across plants...
Persistent link: https://www.econbiz.de/10012838762
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...
Persistent link: https://www.econbiz.de/10012462124
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