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This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force is...
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This paper reexamines the relation between minimum wages and labor market outcomes for teenagers in the US. Economic theory suggests that real minimum wages drive labor market outcomes. Instead of the commonly used nominal minimum wages, we therefore use real minimum wages to examine this...
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This paper reexamines the relation between minimum wages and labor market outcomes for teenagers in the US. Economic theory suggests that real minimum wages drive labor market outcomes. Instead of the commonly used nominal minimum wages, we therefore use real minimum wages to examine this...
Persistent link: https://www.econbiz.de/10012435549
This paper investigates the effect of US statewide minimum wages on labor markets. The effect of sectoral composition of a state’s economy is empirically determined to have a pivotal effect on wage-earning employment elasticity using 2002-2007 BLS data. The explanation behind this phenomenon...
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