Our paper examines the effects of the significant 2019 minimum wage hike in Spain on labour market outcomes, prices, and firm bankruptcies. We use the synthetic control method (SCM) to analyze the impact of the policy on the Spanish economy. We find no significant impact of the minimum wage...

This paper investigates the local labor supply effects of changes to the minimum wage by examining the response of low-skilled immigrants' location decisions. Canonical models emphasize the importance of labor mobility when evaluating the employment effects of the minimum wage; yet few studies...

We employ the original Card and Krueger (1994) data and the CIC estimator to reexamine the evidence on the effect of minimum wages on employment. Our main finding is that the controversial result remains valid only for small fast-food restaurants. This finding is accompanied with a new possible...

We estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data set comprising 17 OECD countries for the period 1975-2000, focusing on the impactof cross-country differences in minimum wage systems and in otherlabor market institutions and...

Some empirical work tends to confirm the negative impacts of the law on employment, but much of that work leaves the existence and size of the fiat's effects uncertain. We find some evidence that the minimum wage has lowered the employment of white male teenagers (age 16-19) and nonwhite males...

America’s low-wage workers have fared poorly during the past two decades. Since the late 1970s, the wages of workers at the tenth percentile of the wage distribution have declined in both absolute terms (adjusting for inflation) and relative to those of middle- and high-wage workers. This...

This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...

We measure labor market frictions using a strategy that bridges design-based and structural approaches: estimating an equilibrium search model using reduced-form minimum wage elasticities identified from border discontinuities and fitted with Bayesian and LIML methods. We begin by providing the...

Using a linked employer-employee data set on the German construction industry, we analyse the effects of the introduction of minimum wages in this sector on labour market dynamics. In doing so, we focus on accessions and separations, as well as the underlying labour market flows, at the...

Using a linked employer-employee data set on the German construction industry, we analyze the effects of the introduction of minimum wages in this sector on labor market dynamics. In doing so, we focus on accessions and separations, as well as the underlying labor market flows, at the...