MARC Bibliographic Record

LEADER03068cam a2200445Ii 4500
001 991022331357602122
005 20190129043221.0
006 m o d
007 cr |||||||||||
008 190129s2019 maua ob 000 0 eng d
035    $a(OCoLC)1083547392
035    $a(OCoLC)on1083547392
035    $a(EXLNZ-01UWI_NETWORK)9912669942302121
040    $aOUN$beng$erda$cOUN$dGZM
043    $an-us---
049    $aGZMA
050 _4 $aH11$b.N2434x no.25434
100 1_ $aCengiz, Doruk,$eauthor.
245 14 $aThe effect of minimum wages on low-wage jobs :$bevidence from the United States using a bunching estimator /$cDoruk Cengiz, Arindrajit Dube, Attila Lindner, Ben Zipperer.
264 _1 $aCambridge, Mass. :$bNational Bureau of Economic Research,$c2019.
300    $a1 online resource (114 pages) :$billustrations.
336    $atext$btxt$2rdacontent
337    $acomputer$bc$2rdamedia
338    $aonline resource$bcr$2rdacarrier
490 1_ $aNBER working paper series ;$vno. 25434
588    $aDescription based on online resource; title from http://www.nber.org/papers/25434 viewed January 29, 2019.
500    $a"January 2019"
504    $aIncludes bibliographical references (pages 28-31).
520    $aWe propose a novel method that infers the employment effect of a minimum wage increase by comparing the number of excess jobs paying at or slightly above the new minimum wage to the missing jobs paying below it. To implement our approach, we estimate the effect of the minimum wage on the frequency distribution of hourly wages using 138 prominent state-level minimum wage changes between 1979 and 2016. We find that the overall number of low-wage jobs remained essentially unchanged over five years following the increase. At the same time, the direct effect of the minimum wage on average earnings was amplified by modest wage spillovers at the bottom of the wage distribution. Our estimates by detailed demographic groups show that the lack of job loss is not explained by labor-labor substitution at the bottom of the wage distribution. We also find no evidence of disemployment when we consider higher levels of minimum wages. However, we do find some evidence of reduced employment in tradable sectors. In contrast to our bunching-based estimates, we show that some conventional studies can produce misleading inference due to spurious changes in employment higher up in the wage distribution.
650 _0 $aWages$xUnskilled labor$zUnited States$xEconometric models.
650 _0 $aUnskilled labor$xEmployment$zUnited States$xEconometric models.
650 _0 $aMinimum wage$xGovernment policy$zUnited States$xEconometric models.
650 _0 $aMinimum wage$zUnited States$xEconometric models.
650 _0 $aEstimation theory$xEconometric models.
700 1_ $aDube, Arindrajit,$eauthor.
700 1_ $aLindner, Attila,$eauthor.
700 1_ $aZipperer, Ben,$eauthor.
710 2_ $aNational Bureau of Economic Research,$epublisher.
830 _0 $aWorking paper series (National Bureau of Economic Research) ;$vno. 25434.
856 40 $uhttp://www.nber.org/papers/w25434

MMS IDs

Document ID: 9912669942302121
Network Electronic IDs: 9912669942302121
Network Physical IDs:
mms_mad_ids: 991022331357602122