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The effects of minimum wage legislation on the employment and wage rates of youth are estimated using a new statistical … approach. We find that without the minimum, not only would the percent of out-of-school youth who are employed be 4 to 6 … percent higher than it is, but also that these youth would earn more. In particular, the expected hourly earnings of youth …
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We estimate the effects of a significant increase in the minimum wage in Spain between 2004 and 2010 on the individual probability of losing employment, using a large panel of social security records. Our main finding is that older people experienced the largest increase in the probability of...
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This paper performs a cross-country level analysis on the impact of the level of specific youth minimum wages on the … labor market performance of young individuals. We use information on the use and level of youth minimum wages, as compared … wages for all age groups, and countries with separate youth and adult minimum wages. Our results indicate that the relative …
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