The highs and lows of the minimum wage effect: A time-series cross-section study of the Canadian law
The highs and lows of the minimum wage effect: A time-series cross-section study of the Canadian law
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DOI：
10.1086/209923
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发表时间：
1999-04-01
影响因子：
3.8
通讯作者：
Stanger, S
中科院分区：
文献类型：
--
作者：
Baker, M;Benjamin, D;Stanger, S
我们研究了1975年至1993年期间加拿大最低工资立法的影响。我们发现，对于青少年来说，最低工资每提高10%，就业率就会下降约2.5%。我们还发现，这一结果是由数据的低频变化驱动的。在高频时，弹性为正且不显著。跨带宽弹性的差异对最低工资政策和最低工资研究中的实验设计对就业动态的解释产生了影响。它还对“新的最低工资研究”提供了一个简单的调和，该研究报告了非常小的消极或积极的弹性。
We examine the effects of minimum wage legislation in Canada over the period 1975-93. For teenagers we find that a 10% increase in the minimum wage is associated with roughly a 2.5% decrease in employment. We also find that this result is driven by low frequency variation in the data. At high frequencies the elasticity is positive and insignificant. The difference in the elasticity across the bandwidth has implications for the interpretation of employment dynamics as a result of minimum wage policy and experimental design in minimum wage studies. It also provides a simple reconciliation of the "new minimum wage research," which reports very small negative, or positive, elasticities.