The work of Card and Krueger has cast doubt on the nature of the relationship between the minimum wage and teenage employment. The earlier "consensus" finding of a small but statistically significant negative effect was based on time series data whereas Card and Krueger's findings are based...

The aim of the paper is to provide guidelines in order to make meaningful comparisons of heterogeneous distributions when incomes are adjusted in order to accommodate differences in needs. We emphasize that the choice of the equivalent income function and the system of weights associated to the...