2 edition of Minimum wage effects on employment and school enrollment found in the catalog.
Minimum wage effects on employment and school enrollment
|Statement||David Neumark, William Wascher.|
|Series||NBER working paper series -- working paper no. 4679, Working paper series (National Bureau of Economic Research) -- working paper no. 4679.|
|Contributions||Wascher, William L., National Bureau of Economic Research.|
|The Physical Object|
|Pagination||18,  p. ;|
|Number of Pages||18|
"Minimum Wage Effects on Employment and School Enrollment," Journal of Business and Economic Statistics, vol. 13, no. 2, pp. Neumark, David, and William Wascher (). "Minimum-Wage Effects on School and Work Transitions of Teenagers," American Economic Review: Papers and Proceedings, vol. 85, no. 2, pp. The Effect of Minimum Wage on Employment There has been a heated debate among economic scholars on issues concerning the effect of minimum wage on employment. In efforts to prove the point of their arguments, many scholars have conducted researches on the impact of increasing the minimum wage rates on the levels of employment.
The effects depend ultimately on the prevailing market wage and the frictions in the market. Evidence to date does not support the view that raising the minimum wage will lead to positive employment effects.” “The Unexpected Long-Run Impact of the Minimum Wage: An Educational Cascade” Sutch, Richard. National Bureau of Economic Research. Recent research on employment effects of minimum wages The earliest studies of the employment effects of minimum wages used only national variation in the U.S. minimum wage. They found elasticities between − and − for teens ages 16–19, and between − and − for young adults ages 16–File Size: 86KB.
2 THE EFFECTS OF A MINIMUM-WAGE INCREASE ON EMPLOYMENT AND FAMILY INCOME FEBRUARY CBO Table 1. Estimated Effects on Employment, Income, and Poverty of an Increase in the Federal Minimum Wage, Second Half of Source: Congressional Budget Office based on monthly and annual data from the Census Bureau’s . To be precise, the CBO said that increasing the minimum wage could lift “about , people out of poverty,” but the organization warned that as a result, it might also cause employers “to lay off low-wage workers or hire fewer of them, reducing overall employment by about , jobs, or around percent of the labor force,” the Washington Post reported, adding that the CBO.
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Minimum Wage Effects on Employment and School Enrollment David Neumark, William Wascher. NBER Working Paper No. Issued in March NBER Program(s):Labor Studies We argue in this paper that the focus on employment effects in recent studies of minimum wages ignores an important interaction between schooling, employment, and the minimum wage.
(). Minimum Wage Effects on Employment and School Enrollment. Journal of Business & Economic Statistics: Vol. 13, JBES Symposium Cited by: Interest in the effects of the minimum wage on teenagers’ school enrollment has grown in recent years.
This issue is of increasing importance given recent calls for increasing the minimum wage. Some authors argue that higher minimum wages will hurt teenagers by Cited by: Most studies of the effects of minimum wage laws look exclusively at the labor market.
This article investigates the less-researched topic of the effects of a minimum wage increase on enrollment in undergraduate higher education institutions in the United by: 1. Get this from a library. Minimum wage effects on employment and school enrollment.
[David Neumark; William L Wascher; National Bureau of Economic Research.]. In its proposal to increase the minimum wage, the Clinton administration and some scholars have claimed that employment would not be adversely affected.
Other research supports the widespread consensus among economists that a higher minimum wage means fewer jobs. In this study, leading proponents of both views discuss the strengths and weaknesses of those.
The focus on employment effects in recent studies of minimum wages ignores an important interaction between schooling, employment, and the minimum wage. To study these linkages, the authors estimate a conditional logit model of employment and enrollment outcomes for teenagers using state-year observations for the period to The authors find a negative.
A study described the effects of minimum wages on teenagers by using individual-level panel data on school and work transitions of teenagers. Panel data from measuring transitions among alternative employment and enrollment activities of teenagers were obtained from matched Current Population Surveys data sets.
Findings indicated that higher minimum wages Cited by: 6. David Neumark & William L. Wascher, "Minimum wage effects on employment and school enrollment: reply to Evans and Turner," Finance and Economics Discussion SeriesBoard of Governors of the Federal Reserve System (U.S.), revised To assess the desirability of higher minimum wages we typically focus on aggregate employment effects -- how much a particular increase would lower overall employment.
The current views on this question range from no job loss (according to the Clinton Administration) to a loss perhaps as high as 3 percent for teens (the workers most affected by the minimum wage) for every 10.
Some economists, for instance the CKK group, criticizes these findings into five areas, enrollment rates in schools, the specification of minimum wage variables, the measurement of coverage rate, evidence of utilization of subminimum wages and the role of protected minimum wage effects.
The Federal Minimum Wage ~ The Effects of the Minimum Wage on the. Youth Employment and School Enrollment. Nurlan Kussainov. MPA Capstone. Martin School of Public Policy and Administration. University of Kentucky. April Faculty Advisor – Dr.
ButlerAuthor: Nurlan Kussainov. Neumark and Wascher: Minimum Wage Effects on Employment and School Enrollment school, etc.), with the choice influenced by a set of state-level variables, X, plus a person-specific random component, 8k, assumed to follow an extreme value distribution. In particu-lar, let the utility of each activity for individual k be given by.
Get this from a library. Minimum wage effects on employment and school enrollment. [David Neumark; William L Wascher; National Bureau of Economic Research.] -- Abstract: We argue in this paper that the focus on employment effects in recent studies of minimum wages ignores an important interaction between schooling, employment, and the minimum wage.
As Neumark and Wascher () ask, does a higher minimum wage reduce employment and through that channel encourage school enrollment. This analysis compares individual-level and aggregated data to examine why findings about the effects of minimum wages on school enrollment produce mixed : Betsy Williams.
Request PDF | Effects of Higher Minimum Wages on Teen Employment and School Enrollment | Both Congress and the Senate recently passed legislation increasing the.
———. “Minimum Wage Effects on School and Work Transitions of Teenagers.” American Economic Review Papers and Proceedings. 85(2): – ———. “Minimum Wage Effects on Employment and School Enrollment.” Journal of Business and Economic Statistics.
13(2): – ———. “The Effects of Minimum. The Effects of Minimum Wages on Teenage Employment and Enrollment: Evidence from Matched CPS Surveys David Neumark, William Wascher.
NBER Working Paper No. Issued in April NBER Program(s):Labor Studies. The. Chaplin et al () estimated the effects of a higher minimum wage on enrollment in the US and found evidence of a higher minimum wage reducing enrollment in states where students can drop out prior to 18 years of age.
The HLFS is a quarterly data source that consists of a sample of betw households since December Cited by: However, there are also many reasons to expect the minimum wage to have very little impact on employment in emerging economies.
One reason is that, in environments characterised by high levels of inflation, it may be very difficult to increase the real value of the minimum wage (Lustig and McLeod, ).File Size: KB.
Going bold in Los Angeles: A city-wide, $15 minimum wage by analytical, and unbiased assessment of the effects of minimum wage increases that has ever been employment, labor force. This book attempts to make sense of the research on the minimum wage that began in the early s.
The authors look at who is affected by the minimum wage, both directly and indirectly; which observable, measurable variables (e.g., wages, employment, school enrollment) the minimum wage influences; how long it takes for the variables to respond to the Cited by: | Employment effects of minimum wages By far the largest number of studies use US data because state-level variation provides the best “laboratory” for estimating minimum wage effects.
Many studies focus on the UK, which enacted a national minimum wage in .