文件大小:未知
级别评定:★★★★★
添加时间:2016-01-07 22:38:02
最后更新:2016-01-07 22:40:47
下载积分:0分 (只有会员文件下载时才需要相应积分验证)
总浏览:
总下载:0
发布人:george15135
NBER Working Paper No. 21830
Issued in December 2015
NBER Program(s): EFG LS PE
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 relatively low-skilled individuals, as described by their ages and education levels. I also employ a triple-difference framework that utilizes continuous variation in the minimum wage's bite across skill groups. In both frameworks, estimates are robust to adopting a range of alternative strategies, including matching on the size of states' housing declines, to account for variation in the Great Recession's severity across states. My baseline estimate is that this period's full set of minimum wage increases reduced employment among individuals ages 16 to 30 with less than a high school education by 5.6 percentage points. This estimate accounts for 43 percent of the sustained, 13 percentage point decline in this skill group's employment rate and a 0.49 percentage point decline in employment across the full population ages 16 to 64.