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We estimate the effect of minimum wages on employment duration using event history data from the 1988–1994 rounds of the National Longitudinal Survey of Youth. Existing literature takes two alternative tracks: Some studies predict reduced turnover due to rents created by minimum wages, others...
Persistent link: https://www.econbiz.de/10005738757
Using data from the Employment Opportunities Pilot Project, we examine the relationships between minimum wages, wage growth, and on-the-job training. We find that minimum wage jobs exhibit less wage growth than other jobs, particularly for men. We find no evidence, however, of a unique minimum...
Persistent link: https://www.econbiz.de/10005562202