Publication Selection Bias in Minimum-Wage Research? A Meta-Regression Analysis
Deakin University - School of Accounting, Economics and Finance
T. D. Stanley
British Journal of Industrial Relations, Vol. 47, Issue 2, pp. 406-428, June 2009
Card and Krueger's meta-analysis of the employment effects of minimum wages challenged existing theory. Unfortunately, their meta-analysis confused publication selection with the absence of a genuine empirical effect. We apply recently developed meta-analysis methods to 64 US minimum-wage studies and corroborate that Card and Krueger's findings were nevertheless correct. The minimum-wage effects literature is contaminated by publication selection bias, which we estimate to be slightly larger than the average reported minimum-wage effect. Once this publication selection is corrected, little or no evidence of a negative association between minimum wages and employment remains.
Number of Pages in PDF File: 23
Date posted: May 19, 2009
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