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Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects … are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and … diminished training and skill acquisition. Beneficial longer-run effects could arise if minimum wages increase skill acquisition …
Persistent link: https://www.econbiz.de/10013319494
We study the effect of minimum wage increases on employment in automatable jobs – jobs in which employers may find it easier to substitute machines for people – focusing on low-skilled workers for whom such substitution may be spurred by minimum wage increases. Based on CPS data from...
Persistent link: https://www.econbiz.de/10012928497
Persistent link: https://www.econbiz.de/10011703889
reduce employment among the least-skilled workers they are intended to help. But they also increase wages for many of them …
Persistent link: https://www.econbiz.de/10009728805
State and federal policymakers grappling with the aftermath of the Great Recession sought ways to spur job creation, in many cases adopting hiring credits to encourage employers to create new jobs. However, there is virtually no evidence on the effects of these kinds of counter-recessionary...
Persistent link: https://www.econbiz.de/10011288523
The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in … low-wage, low-skill workers that minimum wages are intended to help. If minimum wages reduce employment of low …-skill workers, then minimum wages are not a "free lunch" with which to help poor and low-income families, but instead pose a …
Persistent link: https://www.econbiz.de/10011413647
We study the effect of minimum wage increases on employment in automatable jobs - jobs in which employers may find it easier to substitute machines for people - focusing on low-skilled workers for whom such substitution may be spurred by minimum wage increases. Based on CPS data from 1980-2015,...
Persistent link: https://www.econbiz.de/10011796045
I discuss the econometrics and the economics of past research on the effects of minimum wages on employment in the … answer about the employment effects of minimum wages. My secondary goal is to discuss how we can narrow the range of … some insights from both theory and past evidence that may be informative about the effects of high minimum wages, and try …
Persistent link: https://www.econbiz.de/10011951531
Many U.S. cities have recently increased their minimum wages, especially in California. We report results from carrying … out analyses of the impacts of these city minimum wages, as specified in a pre-analysis plan (PAP) that was registered on … report results updating the data through 2018; our final paper will add another year of evidence on minimum wages. For …
Persistent link: https://www.econbiz.de/10012193831
, generating spurious evidence that higher minimum wages reduce employment. Using minimum wage variation within contiguous county … pairs that share a state border, they find no relationship between minimum wages and employment in the U.S. restaurant … - but within cross-border commuting zones - we find a robust negative relationship between minimum wages and employment. …
Persistent link: https://www.econbiz.de/10013198637