We present a dynamic policy simulation analysing what would have happened to wages, employment, and total hours had the federal minimum wage increased in September 1998, a year after the last actual increase in our data. Prior work suggests that employment responses take 6 years to play out....

The rise in inequality between the 1970s and the 1990s and the persistent gap in pay between large and small employers are two of the most robust findings in the study of labor markets. Mainstream economists focus on differences in observable and unobservable skills to explain both the overall...

There is an emerging debate over whether truck drivers are 'underpaid' given their human capital and working conditions. Using data from the 2000 Current Population Survey, the pay differentials between truck drivers and other blue collar occupations are investigated. While truck drivers appear...