.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …

We review the burgeoning literature on the employment effects of minimum wages - in the United States and other … wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of … view that the minimum wage reduces the employment of low-wage workers is clearly incorrect. A sizable majority of the …

, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …

Employment rates in Puerto Rico range from 55 to 65 percent of U.S. rates during the past thirty years. This huge … employment shortfall holds for men and women, cuts across all education groups, and is deeper for persons without a college … educated workers. Motivated by these facts, we identify several factors that undermine employment growth and business …

We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …

have two findings to report. First, the data collected by CK appear to indicate greater employment variation over the eight …-month period between their surveys than do the payroll data. For example, in the full sample the standard deviation of employment … change in CK's data is three times as large as that in the payroll data. Second, estimates of the employment effect of the …

although increases in minimum wages have small net effects on overall teen employment rates, such increases raise the … the small net disemployment effects for teenagers as a group, there are significant enrollment and employment shifts …

We argue in this paper that the focus on employment effects in recent studies of minimum wages ignores an important … interaction between schooling, employment, and the minimum wage. To study these linkages, we estimate a conditional logit model of … employment and enrollment outcomes for teenagers using state-year observations for the period 1977 to 1989. The results show a …