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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
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
. Erste Evaluationsergebnisse zeigen, dass der Mindestlohn in Deutschland nur einen moderaten Beschäftigungsverlust nach sich … wird, den Mindestlohn mit Augenmaß und unter Berücksichtigung bestehender Evidenz zu erhöhen, werden Mindestlöhne in …
Persistent link: https://www.econbiz.de/10011502361
Using merged administrative datasets from Minnesota, we bring new evidence on the labor market effects of large minimum wage increases by examining the policy changes implemented by Minneapolis and Saint Paul. We begin by using synthetic difference-in-differences methods to estimate...
Persistent link: https://www.econbiz.de/10013334456
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
Many U.S. cities have recently increased their minimum wages, especially in California. We report results from carrying out analyses of the impacts of these city minimum wages, as specified in a pre-analysis plan (PAP) that was registered on Open Science Framework prior to the release of data...
Persistent link: https://www.econbiz.de/10012193831
. Erste Evaluationsergebnisse zeigen, dass der Mindestlohn in Deutschland nur einen moderaten Beschäftigungsverlust nach sich … wird, den Mindestlohn mit Augenmaß und unter Berücksichtigung bestehender Evidenz zu erhöhen, werden Mindestlöhne in …
Persistent link: https://www.econbiz.de/10011875502
The authors employ spatial econometrics techniques and Annual Averages data from the U.S. Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometrics techniques account for the fact that employment is correlated across states....
Persistent link: https://www.econbiz.de/10010280722
The authors employ spatial econometrics techniques and Annual Averages data from the U.S. Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometrics techniques account for the fact that employment is correlated across states....
Persistent link: https://www.econbiz.de/10009379505