Credible Research Designs for Minimum Wage Studies
نویسندگان
چکیده
منابع مشابه
Credible Research Designs for Minimum Wage Studies
Credible Research Designs for Minimum Wage Studies We assess alternative research designs for minimum wage studies. States in the U.S. with larger minimum wage increases differ from others in business cycle severity, increased inequality and polarization, political economy, and regional distribution. The resulting timevarying heterogeneity biases the canonical two-way fixed effects estimator. W...
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We assess the Neumark, Salas and Wascher (NSW) critique of our minimum wage findings. Recent studies, including one by NSW, obtain small employment elasticities for restaurants, -0.06 or less in magnitude. The substantive critique in NSW thus centers primarily upon teens. Using a longer (19792014) sample than used by NSW and in our own previous work, we find clear evidence that teen minimum wag...
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Seeking the optimal design with a given number of runs is a main problem in fractional factorial designs(FFDs). Resolution of a design is the most widely usage criterion, which is introduced by Box and Hunter(1961), used to be employed to regular FFDs. The resolution criterion is extended to non-regular FFG, called the generalized resolution criterion. This criterion is providing the idea of ge...
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This paper argues how an increase in minimum wage affects employment, consumption, and social welfare with dynamic general equilibrium model without market frictions. The study demonstrates that a minimum wage hike reduces an actual unemployment rate and has positive effects on an employment rate under the demand-shortage economy whereas they do not under a non-demand shortage economy. The stud...
متن کاملCan Rescheduling Explain the New Jersey Minimum Wage Studies?
In a recent and storied paper, David Card and Alan Krueger (1994) claim to find evidence that the 1992 New Jersey minimum wage hike raised the level of employment in fast food restaurants in that state (although not significantly by conventional statistical standards). In a response widely-cited in the press, David Neumark and William Wascher (1995), using data on payroll hours, claim to show t...
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ژورنال
عنوان ژورنال: ILR Review
سال: 2017
ISSN: 0019-7939,2162-271X
DOI: 10.1177/0019793917692788