Showing 1 - 10 of 46
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...
Persistent link: https://www.econbiz.de/10013132486
We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that appear to bias earlier work: violation of the assumed independence of state wage levels and state wage dispersion, and errors-in-variables that inflate impact estimates via an...
Persistent link: https://www.econbiz.de/10013118435
Persistent link: https://www.econbiz.de/10009381526
Persistent link: https://www.econbiz.de/10008772111
Persistent link: https://www.econbiz.de/10008698978
Persistent link: https://www.econbiz.de/10011421082
A recent paper by Meer and West argues that minimum wages reduce aggregate employment growth, and that this relationship is masked by looking at employment levels. I also find a negative association between minimum wages and aggregate employment growth using both the Business Dynamics Statistics...
Persistent link: https://www.econbiz.de/10010199010
Persistent link: https://www.econbiz.de/10009714092
Using the March Current Population Survey data from 1984 to 2013, I provide a comprehensive evaluation of how minimum wage policies influence the distribution of family incomes. I find robust evidence that higher minimum wages shift down the cumulative distribution of family incomes at the...
Persistent link: https://www.econbiz.de/10011613156
There is robust evidence that higher minimum wages increase family incomes at the bottom of the distribution. The long run (3 or more years) minimum wage elasticity of the non-elderly poverty rate with respect to the minimum wage ranges between -0.220 and -0.459 across alternative...
Persistent link: https://www.econbiz.de/10012480891