Time-series Evidence of the Effect of the Minimum Wage on Teenage Employment and Unemployment
Author : C. K. Brown
Publisher :
Page : 90 pages
File Size : 27,59 MB
Release : 1980
Category : Minimum wage
ISBN :
Author : C. K. Brown
Publisher :
Page : 90 pages
File Size : 27,59 MB
Release : 1980
Category : Minimum wage
ISBN :
Author : Andrew Kohen
Publisher :
Page : pages
File Size : 25,6 MB
Release : 1983
Category :
ISBN :
While previous time series studies have quite consistently found that the minimum wage reduces teenage employment, the extent of this reduction is much less certain. Moreover, because few previous studies report results of more than one specification, the causes of differences in estimated impacts are not well understood. Less consensus is evident on the effect of the minimum wage on teenage unemployment, or its relative impact on black and white teenagers. The purpose of this paper is both to update earlier work and to analyze the sensitivity of estimated minimum wage effects to alternative specification choices. In addition to providing estimates of the effect of minimum wage increases on aggregate employment and unemployment rates of teenagers, we explore several related issues: the relative importance of changing the level and coverage of the minimum wage; the timing of responses to a change in the minimum; effects on part-time and full-time work; effects on young adults (age 20-24)
Author : Charles Brown
Publisher :
Page : 41 pages
File Size : 27,15 MB
Release : 1981
Category : Minimum wage
ISBN :
Author : Charles Brown
Publisher :
Page : 43 pages
File Size : 48,11 MB
Release : 2010
Category :
ISBN :
While previous time series studies have quite consistently found that the minimum wage reduces teenage employment, the extent of this reduction is much less certain. Moreover, because few previous studies report results of more than one specification, the causes of differences in estimated impacts are not well understood. Less consensus is evident on the effect of the minimum wage on teenage unemployment, or its relative impact on black and white teenagers. The purpose of this paper is both to update earlier work and to analyze the sensitivity of estimated minimum wage effects to alternative specification choices. In addition to providing estimates of the effect of minimum wage increases on aggregate employment and unemployment rates of teenagers, we explore several related issues: the relative importance of changing the level and coverage of the minimum wage; the timing of responses to a change in the minimum; effects on part-time and full-time work; effects on young adults (age 20-24).
Author : C. K. Brown
Publisher :
Page : 94 pages
File Size : 50,30 MB
Release : 1980
Category : Minimum wage
ISBN :
Author : United States. Bureau of Labor Statistics
Publisher :
Page : 204 pages
File Size : 31,51 MB
Release : 1970
Category : Minimum wage
ISBN :
Report on the relationship of minimum wage levels and the youth unemployment problem in the USA - covers wages differentials, the distribution of young workers of the 16 to 19 year-old age group in the occupational structure, military service, recruitment standards, job requirements, full time education for students and learner certification programmes, etc., and comments on the effect of national level and local level labour legislation. Statistical tables.
Author : David Neumark
Publisher :
Page : 64 pages
File Size : 35,8 MB
Release : 1991
Category : Employment (Economic theory)
ISBN :
We construct a panel data set on state-level minimum wage laws and economic conditions to reevaluate existing evidence on minimum wage effects on employment, most of which comes from time-series data. Our estimates of the elasticities of teen and young-adult employment-to-population ratios fall primarily in the range -0.1 to -0.2, similar to the consensus range of estimates from time-series studies. We also find evidence that youth subminimum wage provisions enacted by state legislatures have moderated the disemployment effects of minimum wages.
Author : Stephen Bazen
Publisher :
Page : 11 pages
File Size : 12,91 MB
Release : 2016
Category :
ISBN :
In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment-federal minimum wage relationship in the US (Bazen and Marimoutou, 2002). The study used quarterly data for the 46 year period running from 1954 to 1999. We detected a small, negative but statistically significant effect of the federal minimum wage on teenage employment, at a time when some studies were casting doubt on the existence of such an effect. In this note we re-estimate the original model with a further 16 years of data (up to 2015). We find that the model satisfactorily tracks the path of the teenage employment-population ratio over this 60 year period, and yields a consistently negative and statistically significant effect of minimum wages on teenage employment. The conclusion reached is the same as in the original paper, and the elasticity estimates very similar: federal minimum wage hikes lead to a reduction in teenage employment with a short run elasticity of around - 0.13. The estimated long run elasticity of between - 0.37 and - 0.47 is less stable, but is nevertheless negative and statistically significant.
Author : United States. Congress. Joint Economic Committee
Publisher :
Page : 68 pages
File Size : 11,93 MB
Release : 1985
Category : Minimum wage
ISBN :
Author : Youcef Ghellab
Publisher :
Page : 96 pages
File Size : 13,80 MB
Release : 1998
Category : Minimum wage
ISBN :
Reviews the main theoretical models and recent empirical evidence on the correlation between the minimum wage and youth employment.