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来源类型Working Paper
规范类型报告
DOI10.3386/w16533
来源IDWorking Paper 16533
The Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment
David H. Autor; Alan Manning; Christopher L. Smith
发表日期2010-11-18
出版年2010
语种英语
摘要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 to address both. We find that the minimum wage reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than half as large as those reported elsewhere and are almost negligible for males. Nevertheless, the estimated effects extend to wage percentiles where the minimum is nominally non-binding, implying spillovers. However, we show that spillovers and measurement error (absent spillovers) have similar implications for the effect of the minimum on the shape of the lower tail of the measured wage distribution. With available precision, we cannot reject the hypothesis that estimated spillovers to non-binding percentiles are due to reporting artifacts. Accepting this null, the implied effect of the minimum wage on the actual wage distribution is smaller than the effect of the minimum wage on the measured wage distribution.
主题Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w16533
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574208
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David H. Autor,Alan Manning,Christopher L. Smith. The Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment. 2010.
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