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We review the burgeoning literature on the employment effects of minimum wages—in the United States and other countries—that was spurred by the "new minimum wage research" beginning in the early 1990's. The wide range of existing estimates makes it difficult for us to draw broad...
Persistent link: https://www.econbiz.de/10004975560
Persistent link: https://www.econbiz.de/10005758772
We review the burgeoning literature on the employment effects of minimum wages - in the United States and other countries - that was spurred by the new minimum wage research beginning in the early 1990s. Our review indicates that there is a wide range of existing estimates and, accordingly, a...
Persistent link: https://www.econbiz.de/10005763514
We study the effects of minimum wages and the EITC in the post-welfare reform era. For the minimum wage, the evidence points to disemployment effects that are concentrated among young minority men. For young women, there is little evidence that minimum wages reduce employment, with the exception...
Persistent link: https://www.econbiz.de/10005763838
Publication bias in economics may lead to selective specification searches that result in overreporting in the published literature of results consistent with economists' priors. In reassessing the published time-series studies on the employment effects of minimum wages, some recent research has...
Persistent link: https://www.econbiz.de/10005777295
The primary goal of a national minimum wage floor is to raise the incomes of poor or near-poor families with members in the work force. However, estimates of employment effects of minimum wages tell us little about whether minimum wages are can achieve this goal; even if the disemployment...
Persistent link: https://www.econbiz.de/10005777713
Research using state-level data to estimate minimum wage effects on employment follows the textbook treatment of minimum wages, assuming that minimum wages are binding and that labor markets are competitive. We present an alternative method of estimating minimum wage effects using similar data...
Persistent link: https://www.econbiz.de/10008457810
Persistent link: https://www.econbiz.de/10005563840
Persistent link: https://www.econbiz.de/10005363686
Existing meta-analysis approaches to testing for publication bias are problematic when applied to time-series studies in economics because changes in parameters can generate spurious evidence of publication bias. The authors suggest an alternative test in such contexts and apply it to...
Persistent link: https://www.econbiz.de/10005449742