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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...
Persistent link: https://www.econbiz.de/10009310198
I discuss the econometrics and the economics of past research on the effects of minimum wages on employment in the United States. My intent is to try to identify key questions raised in the recent literature, and some from the earlier literature, which I think hold the most promise for...
Persistent link: https://www.econbiz.de/10011951531
We provide updated evidence on the effects of living wage laws in U.S. cities, relative to the earlier research covering only the first six or seven years of existence of these laws. There are some challenges to updating the evidence, as the CPS data on which it relies changed geographic coding...
Persistent link: https://www.econbiz.de/10009728805
minimum wage studies. IZA Discussion Paper No. 7638, Bonn, Germany have challenged our conclusions, continuing the debate …
Persistent link: https://www.econbiz.de/10010480173
We provide updated evidence on the effects of living wage laws in U.S. cities, relative to the earlier research covering only the first six or seven years of existence of these laws. There are some challenges to updating the evidence, as the CPS data on which it relies changed geographic coding...
Persistent link: https://www.econbiz.de/10009683216
Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim. Using data spanning nearly four decades from the March Current Population Survey, and a dynamic difference-in-differences approach, we find that a 10 percent increase in the...
Persistent link: https://www.econbiz.de/10014250199
We use county-level data on employment and earnings in the restaurant-and-bar sector to evaluate the impact of minimum wage changes on low-wage labor markets. Our empirical approach is similar to the literature that has used state-level panel data to estimate minimum-wage impacts, with the...
Persistent link: https://www.econbiz.de/10013325164
. Erste Evaluationsergebnisse zeigen, dass der Mindestlohn in Deutschland nur einen moderaten Beschäftigungsverlust nach sich …Die Diskusssion über die Auswirkungen des allgemeinen gesetzlichen Mindestlohns in Deutschland ist in vollem Gange … zog, wobei langfristige Auswirkungen zum jetzigen Zeitpunkt schwierig zu schätzen sind. Während in Deutschland gefordert …
Persistent link: https://www.econbiz.de/10011502361
Low unionization rates, a falling real federal minimum wage, and prevalent non-competes characterize low-wage jobs in the United States and contribute to growing inequality. In recent years, a number of private employers have opted to institute or raise company-wide minimum wages for their...
Persistent link: https://www.econbiz.de/10013243133
The implications of a binding minimum wage law on employment have been the subject of a lively and ongoing debate. Estimation of employment effects may be hindered by the non-random manner in which minimum wage laws are created. To overcome this, we explore the employment implications of the...
Persistent link: https://www.econbiz.de/10014518043