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We revisit the minimum wage-employment debate, which is as old as the Department of Labor. In particular, we assess new studies claiming that the standard panel data approach used in much of the "new minimum wage research" is flawed because it fails to account for spatial heterogeneity. These...
Persistent link: https://www.econbiz.de/10013088692
We use a panel of manufacturing plants from Colombia to analyze how the rise in payroll tax rates over the 1980s and 1990s affected the labor market. Our estimates indicate that formal wages fall by between 1.4% and 2.3% as a result of a 10% rise in payroll taxes. This...
Persistent link: https://www.econbiz.de/10012772380
Using administrative employment data from the state of Washington, we use short-duration longitudinal panels to study the impact of Seattle's minimum wage ordinance on individuals employed in low-wage jobs immediately before a wage increase. We draw counterfactual observations using...
Persistent link: https://www.econbiz.de/10012909116
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/10012895012
This paper uses job applications- data to test the existence of non-competitive, ex-ante rents in the labor market. We first examine whether jobs that pay the legal minimum wage face an excessively of labor as measured by the number of job applications received for the most recent positions...
Persistent link: https://www.econbiz.de/10012760207
While previous time series studies have quite consistently found that the minimum wage reduces teenage employment, the extent of this reduction is much less certain. Moreover, because few previous studies report results of more than one specification, the causes of differences in estimated...
Persistent link: https://www.econbiz.de/10012760358
This study investigates whether minimum wage increases in the United States affect an important non-market outcome: worker health. To study this question, we use data on lesser-skilled workers from the 1993-2014 Behavioral Risk Factor Surveillance Surveys coupled with differences-in-differences...
Persistent link: https://www.econbiz.de/10012984105
We estimate the minimum wage's effects on low-skilled workers' employment and income trajectories. Our approach exploits two dimensions of the data we analyze. First, we compare workers in states that were bound by recent increases in the federal minimum wage to workers in states that were not....
Persistent link: https://www.econbiz.de/10013040537