This paper examines the link between credit availability and the labor supply decisions of married women. In particular, it uses data from the Survey of Consumer Finances to test the role of some direct measures of borrowing constraints in a standard labor force participation equation. Although...

An oft-stated goal of the minimum wage is to raise incomes of poor or low-income families. We present nonparametric estimates of the effects of minimum wages on the distribution of family income relative to needs in the United States. Although minimum wages increase the incomes of some poor...

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...