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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 … heterogeneity and conclude that minimum wages in the United States have not reduced employment. We explore the ability of these … effects, with teen employment elasticities near −0.3. We conclude that the evidence still shows that minimum wages pose a …
Persistent link: https://www.econbiz.de/10013088692
We estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data … effects of minimum wages. Overall, our results generally are consistent with the view that minimum wages cause employment … losses among youth. However, the evidence also suggests that the employment effects of minimum wages vary considerably across …
Persistent link: https://www.econbiz.de/10013223872
the minimum wage, including wages, hours, employment, and ultimately labor income, representing the central margins of … surprisingly, higher-wage workers are little affected. Although wages of low-wage workers increase , their hours and employment …
Persistent link: https://www.econbiz.de/10013219178