Autor, David H.; Manning, Alan; Smith, Christopher L. - Centre for Economic Performance, LSE - 2010
We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that … reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than …-in-variables that inflate impact estimates via an analogue of the well known division bias problem. We find that the minimum wage …