This paper studies the relationship between the minimum wage and the employment rate in the US using the framework of a … on employment across states which are classified into a group structure. The effects on employment are the same within … findings reveal substantial heterogeneity in the impact of the minimum wage on employment across groups, with both positive and …

Whittaker (1923) and popularized in economics in a particular form by Hodrick and Prescott (1980/1997; HP). A limit theory is …' process. Simulations reveal that the lambda = O(n^4) limit theory provides a good approximation to the actual HP filter for …