Minimum wages and teen employment: A spatial panel approach

被引:12
作者
Kalenkoski, Charlene M. [1 ]
Lacombe, Donald J. [2 ]
机构
[1] Ohio Univ, Dept Econ, Athens, OH 45701 USA
[2] W Virginia Univ, Reg Res Inst, Morgantown, WV 26506 USA
关键词
Minimum wages; teen employment; spatial panel;
D O I
10.1111/j.1435-5957.2012.00453.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
The authors employ spatial econometrics techniques and annual averages data from the US Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometrics techniques account for the fact that employment is correlated across states. The authors find a combined direct and indirect effect of minimum wages on teen employment to be -2.1 per cent for a 10 per cent increase in the real effective minimum wage. Ignoring spatial correlation underestimates the magnitude of the effect of minimum wages on teen employment.
引用
收藏
页码:407 / 417
页数:11
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