William Wascher

Board of Governors of the Federal Reserve System

Deputy Director

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

  • Board of Governors of the Federal Reserve System

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SCHOLARLY PAPERS

32

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342

Scholarly Papers (32)

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1.

Minimum Wages and Employment

IZA Discussion Paper No. 2570
Number of pages: 156 Posted: 06 Feb 2007
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 1,625 (15,721)
Citation 12

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minimum wage, employment

2.

Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era

Downloads 465 ( 87,628)
Citation 27

Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era

IZA Discussion Paper No. 2610
Number of pages: 38 Posted: 08 Mar 2007
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 426 (96,211)
Citation 2

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minimum wage, Earned Income Tax Credit, welfare reform, employment

Does a Higher Minimum Wage Enhance the Effectiveness of the Earned Income Tax Credit?

NBER Working Paper No. w12915
Number of pages: 52 Posted: 23 Feb 2007 Last Revised: 17 Apr 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 39 (591,145)
Citation 5

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3.

Minimum Wages, Labor Market Institutions, and Youth Employment: A Cross-National Analysis

Number of pages: 38 Posted: 15 Sep 2003
William Wascher and David Neumark
Board of Governors of the Federal Reserve System and University of California, Irvine - Department of Economics
Downloads 265 (162,049)
Citation 34

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Minimum wages, youth employment, labor market institutions

4.

Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research

NBER Working Paper No. w12663
Number of pages: 155 Posted: 20 Nov 2006 Last Revised: 08 Aug 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 209 (203,454)
Citation 16

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5.

Compensating Differentials and Evolution in the Quality-of-Life Among U.S. States

Downloads 204 (208,010)
Citation 13

Compensating Differentials and Evolution in the Quality-of-Life Among U.S. States

Number of pages: 39 Posted: 12 Nov 2001
Joe Mattey, William Wascher and Stuart A. Gabriel
affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and University of California, Los Angeles - Anderson School of Management
Downloads 204 (207,839)
Citation 13

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Compensating Differentials and Evolution in the Quality-of-Life Among U.S. States

Posted: 14 Nov 2001
Joe Mattey, William Wascher and Stuart A. Gabriel
affiliation not provided to SSRN, Board of Governors of the Federal Reserve System and University of California, Los Angeles - Anderson School of Management

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6.

The Effect of New Jersey's Minimum Wage Increase on Fast-Food Employment: A Re-Evaluation Using Payroll Records

NBER Working Paper No. w5224
Number of pages: 38 Posted: 23 Jun 2000 Last Revised: 11 Apr 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 197 (214,688)
Citation 4

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7.

Downward Nominal Wage Rigidity in the United States During and after the Great Recession

Downloads 171 (242,643)
Citation 6

Downward Nominal Wage Rigidity in the United States During and after the Great Recession

FEDS Working Paper No. 2016-001R1
Number of pages: 48 Posted: 08 Feb 2016 Last Revised: 12 Feb 2016
Bruce Fallick, Michael Lettau and William Wascher
Federal Reserve Banks - Federal Reserve Bank of Cleveland, Bureau of Labor Statistics and Board of Governors of the Federal Reserve System
Downloads 105 (353,868)

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Downward Nominal Wage Rigidity in the United States during and after the Great Recession

FRB of Cleveland Working Paper No. 1602
Number of pages: 47 Posted: 11 Jan 2016
Bruce Fallick, Michael Lettau and William Wascher
Federal Reserve Banks - Federal Reserve Bank of Cleveland, Bureau of Labor Statistics and Board of Governors of the Federal Reserve System
Downloads 57 (503,323)
Citation 1

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Downward Nominal Wage Rigidity in the United States during and after the Great Recession

FRB of Cleveland Working Paper No. 16-02R
Number of pages: 48 Posted: 30 Mar 2020
Bruce Fallick, Daniel Villar Vallenas and William Wascher
Federal Reserve Banks - Federal Reserve Bank of Cleveland, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 9 (831,477)
Citation 4

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wage rigidity

8.

The Effects of Minimum Wages on the Distribution of Family Incomes: A Nonparametric Analysis

FRB of Cleveland Working Paper No. 04-12
Number of pages: 54 Posted: 31 Oct 2007
David Neumark, Mark Schweitzer and William Wascher
University of California, Irvine - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Board of Governors of the Federal Reserve System
Downloads 149 (271,742)
Citation 6

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minimum wages, poverty, nonparametric, family incomes

9.

The Effects of Minimum Wages Throughout the Wage Distribution

NBER Working Paper No. w7519
Number of pages: 39 Posted: 08 May 2000 Last Revised: 20 Jul 2022
David Neumark, Mark Schweitzer and William Wascher
University of California, Irvine - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Board of Governors of the Federal Reserve System
Downloads 141 (283,840)
Citation 14

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10.

Do Minimum Wages Fight Poverty?

NBER Working Paper No. w6127
Number of pages: 44 Posted: 11 Aug 2000 Last Revised: 31 Mar 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 119 (322,260)
Citation 3

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11.

Is the Time-Series Evidence on Minimum Wage Effects Contaminated by Publication Bias?

NBER Working Paper No. w5631
Number of pages: 25 Posted: 07 Aug 1996 Last Revised: 23 May 2021
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 106 (351,353)
Citation 1

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12.

Sacrifice Ratios and the Conduct of Monetary Policy in Conditions of Low Inflation

BIS Working Paper No. 82
Number of pages: 58 Posted: 13 Dec 2005
Palle Schelde Andersen (deceased) and William Wascher
Deceased and Board of Governors of the Federal Reserve System
Downloads 101 (360,452)
Citation 2

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13.

Labor Force Participation: Recent Developments and Future Prospects

Downloads 99 (365,223)
Citation 26

Labor Force Participation: Recent Developments and Future Prospects

FRB of Cleveland Working Paper No. 14-10
Number of pages: 91 Posted: 12 Sep 2014
Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher L. Smith and William Wascher
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Cleveland, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 51 (529,886)
Citation 28

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Labor force participation, retirement behavior, disability insurance

Labor Force Participation: Recent Developments and Future Prospects

FEDS Working Paper No. 2014-64
Number of pages: 90 Posted: 20 Sep 2014
Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher L. Smith and William Wascher
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Cleveland, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 33 (627,296)

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labor force participation, retirement behavior, disability insurance, implications of an aging population, youth employment, labor market slack, labor market fluctuations and the business cycle

Labor Force Participation: Recent Developments and Future Prospects

FEDS Working Paper No. 2014-64
Number of pages: 90 Posted: 31 May 2017
Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher L. Smith and William Wascher
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Cleveland, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 15 (770,690)
Citation 2

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14.

The Effects of Minimum Wages on Teenage Employment and Enrollment: Evidence from Matched CPS Surveys

NBER Working Paper No. w5092
Number of pages: 51 Posted: 22 Jun 2000 Last Revised: 02 Jun 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 92 (382,372)
Citation 2

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15.

Using the EITC to Help Poor Families: New Evidence and a Comparision with the Minimum Wage

Downloads 90 (387,640)
Citation 1

Using the EITC to Help Poor Families: New Evidence and a Comparision with the Minimum Wage

NBER Working Paper No. w7599
Number of pages: 45 Posted: 11 Apr 2000 Last Revised: 08 Apr 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 90 (391,237)
Citation 1

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Using the EITC to Help Poor Families: New Evidence and a Comparision with the Minimum Wage

Posted: 16 Oct 2001
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System

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16.

Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater?

Downloads 82 (409,842)
Citation 28

Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater?

NBER Working Paper No. w18681
Number of pages: 73 Posted: 12 Jan 2013 Last Revised: 18 Jul 2022
David Neumark, John Michael Ian S Salas and William Wascher
University of California, Irvine - Department of Economics, Harvard University - Center for Population and Development Studies and Board of Governors of the Federal Reserve System
Downloads 43 (569,367)
Citation 2

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Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater?

IZA Discussion Paper No. 7166
Number of pages: 60 Posted: 02 Feb 2013
David Neumark, John Michael Ian S Salas and William Wascher
University of California, Irvine - Department of Economics, Harvard University - Center for Population and Development Studies and Board of Governors of the Federal Reserve System
Downloads 39 (591,145)
Citation 27

Abstract:

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minimum wage, employment, control groups

17.

Minimum Wage Effects and Low-Wage Labor Markets: A Disequilibrium Approach

NBER Working Paper No. w4617
Number of pages: 42 Posted: 24 Jul 2000 Last Revised: 13 Feb 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 69 (451,002)
Citation 1

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18.

Minimum Wage Effects on Employment and School Enrollment

NBER Working Paper No. w4679
Number of pages: 25 Posted: 29 Dec 2000 Last Revised: 16 Apr 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 68 (454,398)
Citation 3

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19.

A Cross-National Analysis of the Effects of Minimum Wages on Youth Employment

NBER Working Paper No. w7299
Number of pages: 50 Posted: 30 Apr 2000 Last Revised: 13 Jun 2021
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 56 (499,418)
Citation 1

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20.

Minimum Wages and Training Revisited

NBER Working Paper No. w6651
Number of pages: 38 Posted: 23 Dec 1998 Last Revised: 06 Mar 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 51 (520,598)

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21.

Aggregate Supply in the United States: Recent Developments and Implications for the Conduct of Monetary Policy

FEDS Working Paper No. 2013-77
Number of pages: 84 Posted: 09 Jan 2014
David Reifschneider, William Wascher and David W. Wilcox
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 50 (525,024)
Citation 36

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Aggregate supply, structural unemployment, trend productivity, hysteresis in labor markets, aggregate demand, monetary policy, financial crisis

22.

Evidence on Employment Effects of Minimum Wages and Subminimum Wage Provisions from Panel Data on State Minimum Wage Laws

NBER Working Paper No. w3859
Number of pages: 45 Posted: 08 Jan 2007 Last Revised: 20 Jul 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 49 (529,440)
Citation 21

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23.

The Cyclical Sensitivity of Seasonality in Us Employment

BIS Working Paper No. 67
Number of pages: 38 Posted: 13 Dec 2005
Spencer D. Krane and William Wascher
Federal Reserve Bank of Chicago - Economic Research and Board of Governors of the Federal Reserve System
Downloads 49 (529,440)
Citation 5

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24.

Employment Effects of Minimum and Subminimum Wages: Reply to Card, Katz and Krueger

NBER Working Paper No. w4570
Number of pages: 37 Posted: 26 Aug 2000 Last Revised: 29 Jun 2022
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 47 (538,515)
Citation 3

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25.

The Effects of Minimum Wages on the Distribution of Family Incomes: A Non-Parametric Analysis

NBER Working Paper No. w6536
Number of pages: 46 Posted: 22 Jun 2000 Last Revised: 13 May 2022
David Neumark, Mark Schweitzer and William Wascher
University of California, Irvine - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Cleveland and Board of Governors of the Federal Reserve System
Downloads 46 (543,228)
Citation 2

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26.

More on Recent Evidence on the Effects of Minimum Wages in the United States

NBER Working Paper No. w20619
Number of pages: 37 Posted: 27 Oct 2014
David Neumark, John Michael Ian S Salas and William Wascher
University of California, Irvine - Department of Economics, Harvard University - Center for Population and Development Studies and Board of Governors of the Federal Reserve System
Downloads 29 (636,803)
Citation 7

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27.

Okun Revisited: Who Benefits Most from a Strong Economy

FEDS Working Paper No. 2019-072
Number of pages: 80 Posted: 22 Oct 2019
Stephanie Aaronson, Mary C. Daly, William Wascher and David W. Wilcox
Brookings Institution, Federal Reserve Bank of San Francisco, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 17 (727,094)
Citation 8

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Business Cycles, Inequality, Labor supply and demand, Racial Disparities, Unemployment

28.

Minimum Wage Effects on School and Work Transitions of Teenagers

Posted: 10 Oct 1998
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System

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29.

The Cyclical Sensitivity of Seasonality in U.S. Employment

Finance and Economics Discussion Series (95-43)
Posted: 14 Jul 1998
Spencer D. Krane and William Wascher
Federal Reserve Bank of Chicago - Economic Research and Board of Governors of the Federal Reserve System

Abstract:

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30.

Reconciling the Evidence of Employment Effects of Minimum Wages: A Review of Our Research Findings

Posted: 09 Jul 1998
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System

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31.

Inflation, Nominal Wage Rigidity, and the Efficiency of Labor Markets

Posted: 25 Jun 1998
David E. Lebow, David J. Stockton and William Wascher
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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32.

Minimum Wage Effects of Employment and School Enrollment: Reply to Evans and Turner

Board of Governors of the Federal Reserve System Finance and Econ. Disc. Series 96-28
Posted: 06 Nov 1996
David Neumark and William Wascher
University of California, Irvine - Department of Economics and Board of Governors of the Federal Reserve System

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