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THE EFFECT OF CHANGES IN THE REAL MINIMUM WAGE ON TEENAGE EMPLOYMENT EVIDENCE FROM URBAN-AREA DATA

Studies on Economic Well-Being: Essays in the Honor of John P. Formby

ISBN: 978-0-76231-136-1, eISBN: 978-1-84950-292-4

Publication date: 15 December 2004

Abstract

This study presents estimates of the effect of changes in the real minimum wage on the employment ratio of three groups believed to be most vulnerable to changes in the minimum wage: teenagers, young adults, and adult high-school dropouts. It also examines the effect of the minimum wage on three sub-groups within each of these larger groups: males, females, and nonwhites. The data set was obtained from the monthly outgoing rotation groups of the Current Population Survey (CPS), Three Budgets for Urban Families, and the CPI-W for various urban areas. The sample period is 1979–1999.

Citation

Cover, J.P. and Kim, H. (2004), "THE EFFECT OF CHANGES IN THE REAL MINIMUM WAGE ON TEENAGE EMPLOYMENT EVIDENCE FROM URBAN-AREA DATA", Bishop, J.A. and Amiel, Y. (Ed.) Studies on Economic Well-Being: Essays in the Honor of John P. Formby (Research on Economic Inequality, Vol. 12), Emerald Group Publishing Limited, Leeds, pp. 37-72. https://doi.org/10.1016/S1049-2585(04)12002-4

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited