Does the employment effect of national minimum wage vary by non-employment rate? A regression discontinuity approach

被引：1

作者：

Xu, Lei ^{[1
,2
,3
]}

Zhu, Yu ^{[2
,3
,4
]}

机构：

[1] Bournemouth Univ, Business Sch Fern Barrow, Poole, Dorset, England

[2] GLO Global Lab Org, Essen, Germany

[3] IZA Inst Lab Econ, Bonn, Germany

[4] Univ Dundee, Sch Business, Dundee, Scotland

来源：

MANCHESTER SCHOOL | 2023年 / 91卷 / 01期

关键词：

age dependent; macroeconomic fluctuation; minimum wage; procyclicality; regression discontinuity; FIRM; IMPACT;

D O I：

10.1111/manc.12427

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We extend the Regression Discontinuity model to evaluate the procyclicality of employment effect of minimum wage and show that previous estimates may be biased due to failure to account for the local non-employment rate. The results suggest that the positive employment effect of increasing minimum wage is strongly procyclical, that is, is more pronounced in areas with low non-employment rates. Under an assumption that employers have no direct impact around the cut-off point, the results suggest that a higher minimum wage increases labour supply of young workers.

引用

页码：18 / 36

页数：19

共 43 条

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