Showing 1 - 10 of 697
We provide a comprehensive analysis of the effects of minimum wages on blacks, and on the relative impacts on blacks vs. whites. We study not only teenagers - the focus of much of the minimum wage-employment literature - but also other low-skill groups. We focus primarily on employment, which...
Persistent link: https://www.econbiz.de/10015145118
This paper proposes an empirical approach to decompose the distributional effects of minimum wages into effects for workers moving out of employment, workers moving into employment, and workers continuing in employment. We estimate the effects of the minimum wage on the hazard rate for wages,...
Persistent link: https://www.econbiz.de/10015326472
Using merged administrative datasets from Minnesota, we bring new evidence on the labor market effects of large minimum wage increases by examining the policy changes implemented by Minneapolis and Saint Paul. We begin by using synthetic difference-in-differences methods to estimate...
Persistent link: https://www.econbiz.de/10013334456
Using monthly data from major U.S. metropolitan areas that span state borders, we estimate the elasticity of employment with respect to the minimum wage using a difference-in-differences design with continuous treatment in two-digit industries of 71 (Arts, Entertainment and Recreation) and 72...
Persistent link: https://www.econbiz.de/10014250213
Dube, Lester, and Reich (2010) argue that state-level minimum wage variation correlated with economic shocks generates spurious evidence that higher minimum wages reduce employment. Using minimum wage variation within contiguous county pairs sharing a state border, they find no relationship...
Persistent link: https://www.econbiz.de/10015072843
We assess how minimum wage effects on restaurant employment in the U.S. vary with labor market size and monopsony power. Using city-level data, we construct monopsony proxies based on labor flows and concentration. Minimum wages bind less in larger cities, consistent with the urban wage premium,...
Persistent link: https://www.econbiz.de/10015409895
This paper builds a general equilibrium framework with firm and worker heterogeneity, monopsony power, and task-based production to quantify the long-run effects of education, biased demand shocks, and minimum wage. I take it to Brazilian data for 1998 and 2012 and find that (i) supply and...
Persistent link: https://www.econbiz.de/10014322706
We use wage data from the Current Population Survey Merged Outgoing Rotation Group (CPS MORG) to study the effect of state and federal minimum wage policies on gender, race, and ethnic inequality throughout the wage distribution, focusing on lower-tail inequality between men and women, Blacks...
Persistent link: https://www.econbiz.de/10014372482
Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim. Using data spanning nearly four decades from the March Current Population Survey, and a dynamic difference-in-differences approach, we find that a 10 percent increase in the...
Persistent link: https://www.econbiz.de/10014250199
One of the arguments increasingly made to support large minimum wage increases is that they decrease wage or earnings gaps for minorities or women (e.g., Derenoncourt and Montialoux, 2021). The argument is often made with particular reference to higher tipped minimum wages for restaurant...
Persistent link: https://www.econbiz.de/10015072905