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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18681 |
来源ID | Working Paper 18681 |
Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater? | |
David Neumark; J.M. Ian Salas; William Wascher | |
发表日期 | 2013-01-16 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We revisit the minimum wage-employment debate, which is as old as the Department of Labor. In particular, we assess new studies claiming that the standard panel data approach used in much of the "new minimum wage research" is flawed because it fails to account for spatial heterogeneity. These new studies use research designs intended to control for this heterogeneity and conclude that minimum wages in the United States have not reduced employment. We explore the ability of these research designs to isolate reliable identifying information and test the untested assumptions in this new research about the construction of better control groups. Our evidence points to serious problems with these research designs. Moreover, new evidence based on methods that let the data identify the appropriate control groups leads to stronger evidence of disemployment effects, with teen employment elasticities near −0.3. We conclude that the evidence still shows that minimum wages pose a tradeoff of higher wages for some against job losses for others, and that policymakers need to bear this tradeoff in mind when making decisions about increasing the minimum wage. |
主题 | Labor Economics ; Labor Supply and Demand ; Labor Compensation |
URL | https://www.nber.org/papers/w18681 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576376 |
推荐引用方式 GB/T 7714 | David Neumark,J.M. Ian Salas,William Wascher. Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater?. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18681.pdf(2383KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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