15 Years of Research on U.S. Employment and the Minimum Wage

54 Pages Posted: 20 Dec 2015 Last revised: 14 Dec 2016

Paul J. Wolfson

Tuck School of Business at Dartmouth

Dale Belman

Michigan State University

Date Written: December 10, 2016

Abstract

Statistical analysis of the effect of the minimum wage on employment, has been very active for the last quarter century. More than 60 analyses using U.S. data have appeared since the exchange between David Neumark and William Wascher, and David Card and Alan Krueger in the AER (December 2000). This study presents a meta-analysis of the 37 that report results in a way that makes them easily comparable and suitable for this technique. The most important result is that the consensus range of -0.3 to -0.1 has shifted considerably toward the origin: -0.12 to -0.05. We find a moderate degree of publication bias in this literature, but no support for the proposition that the minimum wage has had an important effect on U.S. employment.

Keywords: Minimum Wage, Employment, Meta-Analysis

JEL Classification: J23, J38

Suggested Citation

Wolfson, Paul J. and Belman, Dale, 15 Years of Research on U.S. Employment and the Minimum Wage (December 10, 2016). Tuck School of Business Working Paper No. 2705499. Available at SSRN: https://ssrn.com/abstract=2705499 or http://dx.doi.org/10.2139/ssrn.2705499

Paul J. Wolfson (Contact Author)

Tuck School of Business at Dartmouth ( email )

Hanover, NH 03755-9023
United States
603-646-0519 (Phone)

Dale Belman

Michigan State University ( email )

School of Labor and Industrial Relations
4th Floor, South Kedzie Hall
East Lansing, MI 48824-1032
United States
517-353-3905 (Phone)

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