Product market evidence on the employment effects of the minimum wage
Product market evidence on the employment effects of the minimum wage
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DOI：
10.1086/508734
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发表时间：
2007-01-01
影响因子：
3.8
通讯作者：
French, Eric
中科院分区：
文献类型：
--
作者：
Aaronson, Daniel;French, Eric
我们通过校准餐饮业的就业模型来推断就业对最低工资变化的反应。完全竞争意味着最低工资提高后就业福尔斯下降，价格上涨，而贝索尼模型则可能意味着相反的情况。我们发现，估计的价格反应是一致的竞争模型。我们对就业的反应提出了相当严格的限制，最合理的参数值表明，最低工资增加10%会使低技能就业人数减少2%-4%，餐馆总就业人数减少1%-3%。
We infer the employment response to a minimum wage change by calibrating a model of employment for the restaurant industry. Whereas perfect competition implies that employment falls and prices rise after a minimum wage increase, the monopsony model potentially implies the opposite. We show that estimated price responses are consistent with the competitive model. We place fairly tight bounds on the employment response, with the most plausible parameter values suggesting that a 10% increase in the minimum wage lowers low-skill employment by 2%-4% and total restaurant employment by 1%-3%.