The Fair Minimum Wage Act of 2007 increased the national minimum wage from $5.15 per hour to $7.25 per hour. We attempt to evaluate the impact of this statute on low-skill labor. We do so by analyzing the effect of the law on the teen unemployment rate in the five states with no state minimum wages (Alabama, Louisiana, Mississippi, South Carolina, and Tennessee). Using the adult unemployment rate as a control in a difference-in-differences analysis we find that the 2007 minimum wage increase had a negative effect on teen employment in these states
The voluminous literature on minimum wages offers little consensus on the extent to which a wage flo...
The principal justification for minimum wage legislation resides in improving the economic condition...
This paper describes an empirical study of the effects of federal minimum wage policy on aggregate e...
There have been a lot of arguments on the real effect of minimum wages on teenagers, non- educated a...
Part of the Econometrics Commons, and the Labor Economics Commons This Article is brought to you for...
The "new economics of the minimum wage" is based on the findings from case studies that minimum wage...
Few topics in labor economics have been ns widely studied as the minimum wage. Arecent survey of the...
The purpose of this project is to analyze the impact of a minimum wage increase on the probability o...
We estimate a calibrated labor market model that we created specifically to analyze the effects of a...
Classical microeconomic theory consistently suggest that through modelling the labor market in a sup...
In this paper we use an estimating equation from the research of leading proponents of the view that...
This paper continues the current discussion as to how increases in the minimum wage effect teenage e...
Perhaps one of the most politically contentious debates arguably revolves around minimum wage rates,...
This paper discusses the relationship between unemployment and the minimum wage using regression ana...
It was once conventional wisdom among economists that a small increase in the minimum wage would res...
The voluminous literature on minimum wages offers little consensus on the extent to which a wage flo...
The principal justification for minimum wage legislation resides in improving the economic condition...
This paper describes an empirical study of the effects of federal minimum wage policy on aggregate e...
There have been a lot of arguments on the real effect of minimum wages on teenagers, non- educated a...
Part of the Econometrics Commons, and the Labor Economics Commons This Article is brought to you for...
The "new economics of the minimum wage" is based on the findings from case studies that minimum wage...
Few topics in labor economics have been ns widely studied as the minimum wage. Arecent survey of the...
The purpose of this project is to analyze the impact of a minimum wage increase on the probability o...
We estimate a calibrated labor market model that we created specifically to analyze the effects of a...
Classical microeconomic theory consistently suggest that through modelling the labor market in a sup...
In this paper we use an estimating equation from the research of leading proponents of the view that...
This paper continues the current discussion as to how increases in the minimum wage effect teenage e...
Perhaps one of the most politically contentious debates arguably revolves around minimum wage rates,...
This paper discusses the relationship between unemployment and the minimum wage using regression ana...
It was once conventional wisdom among economists that a small increase in the minimum wage would res...
The voluminous literature on minimum wages offers little consensus on the extent to which a wage flo...
The principal justification for minimum wage legislation resides in improving the economic condition...
This paper describes an empirical study of the effects of federal minimum wage policy on aggregate e...