The Minimum Wage and the Employment of Youth: Evidence from the NLSY
National Bureau of Economic Research (NBER); Institute for the Study of Labor (IZA); Princeton University
Federal Reserve Bank of Cleveland - Research Department
JOURNAL OF HUMAN RESOURCES, Vol. 31, No. 2, Spring 1996
Using panel data on individuals from the National Longitudinal Survey of Youth, we find that employed individuals who were affected by the increases in the federal minimum wage in 1979 and 1980 were about 3 percent less likely to be employed a year later, even after accounting for the fact that workers employed at the minimum wage may differ from their peers in unobserved ways.
JEL Classification: J31, J11
Date posted: May 5, 1998