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The employment and earnings effects of the minimum wage are estimated by parameterizing an hypothesized relationship between underlying market employment and wage relationships versus observed wage and employment distributions in the presence of a legislated minimum. If there had been no minimum...
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The effects of minimum wage legislation on the employment and wage rates of youth are estimated using a new statistical approach. We find that without the minimum, not only would the percent of out-of-school youth who are employed be 4 to 6 percent higher than it is, but also that these youth...
Persistent link: https://www.econbiz.de/10005777875
The relationship between high school training and work experience on the one hand and early labor force experience on the other are analyzed in the paper. In addition, the extent and nature of the persistence of early labor force experience is evaluated. The study is based on data for male...
Persistent link: https://www.econbiz.de/10005248922
Because much of the concern about youth unemployment is motivated by the large differences between the rates for blacks and whites, we have pursued our earlier work by analyzing separately for black and white youth the relationship between high school preparation and early labor force...
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