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The Effect of the New Minimum Wage Law in a Low-Wage Labor Market

Katz, Lawrence F.; Krueger, Alan B. - 2021

After nearly a decade without change, legislation that affected the Federal minimum wage in two significant ways took effect on April 1, 1990: (1) the hourly minimum wage was increased from $3.35 to $3.80; and (2) employers were enabled to pay a subminimum wage to teenage workers for up to six...

Persistent link: https://www.econbiz.de/10013221872

The Effect of the Minimum Wage on the Fast Food Industry

Katz, Lawrence F.; Krueger, Alan B. - 2021

. These employment and price changes do not seem consistent with conventional views of the effects of increases in a binding …

Persistent link: https://www.econbiz.de/10013224949

The Effect of New Jersey's Minimum Wage Increase on Fast-Food Employment : A Re-Evaluation Using Payroll Records

Neumark, David; Wascher, William L. - 2022

We re-evaluate the evidence from Card and Krueger's (1994) New Jersey-Pennsylvania minimum wage experiment, using new data based on actual payroll records from 230 Burger King, KFC, Wendy's, and Roy Rogers restaurants in New Jersey and Pennsylvania. We compare results using these payroll data to...

Persistent link: https://www.econbiz.de/10013324466

Minimum Wages and Employment : A Case Study of the Fast Food Industry in New Jersey and Pennsylvania

Card, David E.; Krueger, Alan B. - 2021

On April 1, 1992 New Jersey's minimum wage increased from $4.25 to $5.05 per hour. To evaluate the impact of the law we surveyed 410 fast food restaurants in New Jersey and Pennsylvania before and after the rise in the minimum. Comparisons of the changes in wages, employment, and prices at...

Persistent link: https://www.econbiz.de/10013230981

Survival of the Fittest : The Impact of the Minimum Wage on Firm Exit

Luca, Dara Lee - 2019

We study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level. We find that the impact of the minimum wage depends on whether a restaurant was already close to the margin of exit. Restaurants with lower ratings...

Persistent link: https://www.econbiz.de/10012871149

The Opportunities and Limitations of Monopsony Power in Healthcare : Evidence from the United States and Canada

Chown, Jillian - 2019

healthcare systems rely on the use of government monopsony power to decrease spending. The United States is a notable exception … economic implications of a greater use of monopsony power in the United States. We present a model of monopsony power and test … its predictions using price differences between the United States and Canada – a country that represents an example of a …

Persistent link: https://www.econbiz.de/10012865746

The Contribution of the Minimum Wage to U.S. Wage Inequality Over Three Decades : A Reassessment

Autor, David H. - 2011

We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...

Persistent link: https://www.econbiz.de/10013132486

The Impact of Minimum Wage Rates on Body Weight in the United States

Meltzer, David - 2010

Growing consumption of increasingly less expensive food, and especially "fast food", has been cited as a potential cause of increasing rate of obesity in the United States over the past several decades. Because the real minimum wage in the United States has declined by as much as half over...

Persistent link: https://www.econbiz.de/10013150364

The Effect of Minimum Wages on Low-Wage Jobs : Evidence from the United States Using a Bunching Estimator

Cengiz, Doruk - 2019

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

Minimum Wages and Employment in France and the United States

Abowd, John M.; Kramarz, Francis; Margolis, David N. - 2021

We use longitudinal individual wage and employment data in France and the United States to investigate the effect of changes in the real minimum wage on an individual's employment status. We find that movements in both French and American real minimum wages are associated with mild employment...

Persistent link: https://www.econbiz.de/10013247258