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A central issue in estimating the employment effects of minimum wages is the appropriate comparison group for states (or other regions) that adopt or increase the minimum wage. In recent research, Dube et al. (Rev Econ Stat 92:945-964, 2010) and Allegretto et al. (Ind Relat 50:205-240, 2011)...
Persistent link: https://www.econbiz.de/10010480173
The theoretical literature argues that labor markets outcomes are affected by real minimum wages. Real minimum wages, however, co-move with the business cycle; their correlation with labor market outcomes should therefore not be interpreted causally. We employ structural vector autoregression to...
Persistent link: https://www.econbiz.de/10012164678
This paper empirically examines the impact of the 2001 New Zealand minimum wage reform on the employment of 16-17 and 18-19-year-olds using administrative data from Statistics New Zealand's Integrated Data Infrastructure. This reform increased the real minimum wage of 18-19-yearolds by 68%, and...
Persistent link: https://www.econbiz.de/10013326893
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In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment‐federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small,...
Persistent link: https://www.econbiz.de/10011455868
The authors employ spatial econometrics techniques and Annual Averages data from the U.S. Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometrics techniques account for the fact that employment is correlated across states....
Persistent link: https://www.econbiz.de/10009379505
In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment‐federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small,...
Persistent link: https://www.econbiz.de/10012993959
Persistent link: https://www.econbiz.de/10011880464
recent increases in the U.S. minimum wage, using three different data sets and the two main estimation strategies for …
Persistent link: https://www.econbiz.de/10009516946
We propose a novel method that infers the employment effect of a minimum wage increase by comparing the number of excess jobs paying at or slightly above the new minimum wage to the missing jobs paying below it. To implement our approach, we estimate the effect of the minimum wage on the...
Persistent link: https://www.econbiz.de/10012479390