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employment. We argue that the minimum wage will impact employment over time, through changes in growth rather than an immediate … drop in relative employment levels. We conduct simulations showing that commonly-used specifications in this literature … panels of administrative employment data, we find that the minimum wage reduces job growth over a period of several years …
Persistent link: https://www.econbiz.de/10013063361
of its effect on employment and unemployment. Our discussion of the theory emphasizes recent work using two-sector and … heterogeneous-worker models. We then summarize and evaluate the large literature on employment and unemployment effects of the … minimum on teenagers. Finally, we survey the evidence of the effect of the minimum wage on adult employment, and on employment …
Persistent link: https://www.econbiz.de/10013323491
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 …
Persistent link: https://www.econbiz.de/10013324066
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 …
Persistent link: https://www.econbiz.de/10013324466
, the employment rate of teenage workers rose, while their school enrollment rate fell …
Persistent link: https://www.econbiz.de/10013246272
While previous time series studies have quite consistently found that the minimum wage reduces teenage employment, the … specification choices. In addition to providing estimates of the effect of minimum wage increases on aggregate employment and …
Persistent link: https://www.econbiz.de/10012760358
This paper describes an empirical study of the effects of federal minimum wage policy on aggregate employment, on the … employment of various demographic groups, and on employment in low-wage industries. The analytical framework permits separate … testing both for direct employment effects of the level and coverage of the minimum wage and for indirect employment effects …
Persistent link: https://www.econbiz.de/10012760388
jobs without having large detrimental consequences for employment? The empirical literature fails to establish robust … other markets enjoy a lower unemployment rate; (ii) employment in the manual low-skilled jobs is lower, whereas employment …) employment in other markets has ambiguous responses due to conflicting effects on potential worker entry and unemployment. By …
Persistent link: https://www.econbiz.de/10012860854
Do minimum wages affect economic outcomes beyond low-skill employment? This paper develops a new model with …
Persistent link: https://www.econbiz.de/10012922983
We propose a novel method that infers the employment effect of a minimum wage increase by comparing the number of … reduced employment in tradable sectors. In contrast to our bunching-based estimates, we show that some conventional studies … can produce misleading inference due to spurious changes in employment higher up in the wage distribution …
Persistent link: https://www.econbiz.de/10012895012