Keil, Manfred; Robertson, Donald; Symons, James - Centre for Economic Performance, LSE - 2001
This paper investigates the effect of minimum wages on employment using a panel of US state-based data. We estimate a … significant effects of minimum wages on youth employment. Unlike many other studies we find also significant effects on aggregate … state employment. These results re-establish the conventional wisdom as existing before the work of Card-Krueger-Katz. The …