Identifying Minimum Wage Effects: New Evidence from Monthly CPS Data

18 Pages Posted: 27 Apr 2009

See all articles by Joseph J. Sabia

Joseph J. Sabia

San Diego State University - Department of Economics

Abstract

The appropriateness of including year effects in employment models has been a contentious issue in the minimum wage literature. Using monthly data from the 1979-2004 Current Population Surveys, I find consistent evidence of adverse labor demand effects for teenagers across specifications preferred by those on each side of this debate. Estimated employment elasticities range from -0.2 to -0.3 and unconditional hours elasticities from -0.4 to -0.5.

Suggested Citation

Sabia, Joseph J., Identifying Minimum Wage Effects: New Evidence from Monthly CPS Data. Industrial Relations: A Journal of Economy and Society, Vol. 48, Issue 2, pp. 311-328, April 2009. Available at SSRN: https://ssrn.com/abstract=1394666 or http://dx.doi.org/10.1111/j.1468-232X.2009.00559.x

Joseph J. Sabia (Contact Author)

San Diego State University - Department of Economics ( email )

5500 Campanile Drive
San Diego, CA 92182
United States

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