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We review the burgeoning literature on the employment effects of minimum wages - in the United States and other … wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of … view that the minimum wage reduces the employment of low-wage workers is clearly incorrect. A sizable majority of the …
Persistent link: https://www.econbiz.de/10012760566
although increases in minimum wages have small net effects on overall teen employment rates, such increases raise the … the small net disemployment effects for teenagers as a group, there are significant enrollment and employment shifts …
Persistent link: https://www.econbiz.de/10013225573
, the employment rate of teenage workers rose, while their school enrollment rate fell …
Persistent link: https://www.econbiz.de/10013246272
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
minimum wages depress employment, is not supported by the empirical findings in some labour markets. In this paper we present … employment, but which also allows for the possibility of a neutral or a positive effect. The model structure is based on labour … economic wisdom but in line with several recent studies, do not have a negative impact on employment. If anything, the …
Persistent link: https://www.econbiz.de/10013310803
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
are not dramatic and inequality has increased. We conduct a series of semi-parametric decompositions in order to …
Persistent link: https://www.econbiz.de/10013131678
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of … suffers from two sources of bias and propose an IV strategy to address both. We find that the minimum wage reduces inequality …
Persistent link: https://www.econbiz.de/10013132486