The Impact of Minimum Wage Increases on Employment in the U.S. Between 1994 and 2016
This paper analyzes the impacts of the minimum wage increases on the employment at the state level in U.S. between 1994 and 2016. Using the data from the Current Population Survey Merged Outgoing Rotation Groups, I utilize fixed effects model and find no statistically significant impact of minimum wage increases on the employment, including employment rate, working hours, weekly earnings and duration of layoff. When narrowing down to three sub-industries: Grocery stores, Restaurants, and Drinking places, I do not find significant effects of state minimum wage increases on state employment rate in Restaurants and Drinking places, but find significant positive effects in Grocery states from year 1994 to 2016. The results suggest that increasing minimum wage may not cause workers to lose their jobs, therefore policy makers should consider increasing minimum wage to prevent growing wage inequality and to reduce poverty.
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Cui, Jiashan (Georgetown University, 2012)This paper analyzes the employment effects of minimum wage increases at the federal level between 2007 and 2009 among U.S. teenage workers (ages 16-19). Using the pooled cross-sectional data from the Current Population ...