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We estimate the minimum wage's effects on low-skilled workers' employment and income trajectories. Our approach exploits two dimensions of the data we analyze. First, we compare workers in states that were bound by recent increases in the federal minimum wage to workers in states that were not....
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I analyze recent federal minimum wage increases using the Current Population Survey. The relevant minimum wage increases were differentially binding across states, generating natural comparison groups. I first estimate a standard difference-in-differences model on samples restricted to...
Persistent link: https://www.econbiz.de/10013002271
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The COVID-19 pandemic led to unprecedented levels of federal aid transfers to state governments. Did this funding increase benefit state incumbents electorally? Identifying the effect of revenue windfalls on economic voting is challenging because whatever conditions led to the influx of cash...
Persistent link: https://www.econbiz.de/10014584043
The COVID-19 pandemic led to unprecedented levels of federal transfers to state governments. Did this funding increase benefit incumbent politicians electorally? Identifying the effect of revenue windfalls on voting is challenging because whatever conditions led to the influx of cash might also...
Persistent link: https://www.econbiz.de/10015072903
I analyze recent federal minimum wage increases using the Current Population Survey. The relevant minimum wage increases were differentially binding across states, generating natural comparison groups. I first estimate a standard difference-in-differences model on samples restricted to...
Persistent link: https://www.econbiz.de/10012456841
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441