Employment, Unemployment and the Minimum Wage: A Causality Model

Posted: 12 Mar 2016

See all articles by John Guerard

John Guerard

McKinley Capital Management, LLC

William T. Alpert

University of Connecticut

Date Written: December 1, 1983

Abstract

Some empirical work tends to confirm the negative impacts of the law on employment, but much of that work leaves the existence and size of the fiat's effects uncertain. We find some evidence that the minimum wage has lowered the employment of white male teenagers (age 16-19) and nonwhite males over the age of 20. However, these impacts are small. No other significant employment impacts are discovered and no significant unemployment impacts are found.

Keywords: Miminum Wage; Granger Causality

JEL Classification: C50; C53; J38

Suggested Citation

Guerard, John and Alpert, William T., Employment, Unemployment and the Minimum Wage: A Causality Model (December 1, 1983). Applied Economics, Vol. 20, 1988. Available at SSRN: https://ssrn.com/abstract=2746012

John Guerard

McKinley Capital Management, LLC ( email )

3301 C St # 500
Anchorage, AK 99503
United States

William T. Alpert (Contact Author)

University of Connecticut ( email )

Storrs, CT 06269-1063
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
141
PlumX Metrics