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The minimum wage employment effect: A time-series study of the manufacturing, retail trade, and service industries.

机译:最低工资就业效应:对制造业,零售业和服务业的时间序列研究。

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摘要

This study investigates whether an increase in the minimum wage affects the level of employment in the manufacturing, retail trade, and service industries using time series data. I estimate both unrestricted and restricted reduced form models and unstructured and structured distributed lag models. Problems with multicollinearity and the possibility of a lagged response motivate the estimation of a polynomial distributed lag model. While the empirical models generate estimated employment elasticities that are small and sometimes statistically insignificant, these small elasticities are consistent with the findings of other researchers. Moreover, the study finds evidence of some positive substitution effects across industries with employment rising slightly in some industries and falling slightly in others over time after a rise in the wage floor. There is also evidence that the long-run effects are larger than short-run, immediate impacts.
机译:本研究使用时间序列数据调查最低工资的提高是否会影响制造业,零售业和服务业的就业水平。我估计无限制和受限制的简化形式模型以及无结构和结构化的分布式滞后模型。多共线性问题和滞后响应的可能性促使多项式分布滞后模型的估计。虽然经验模型产生的估计就业弹性很小,有时在统计上并不重要,但这些较小的弹性与其他研究人员的发现是一致的。此外,该研究发现证据表明,随着最低工资水平的提高,随着时间的推移,某些行业的就业出现了一些积极的替代效应,有些行业的就业人数略有上升,而另一些行业的就业人数则随着时间的推移而略有下降。还有证据表明,长期影响大于短期的直接影响。

著录项

  • 作者

    Adame, Maria Luisa.;

  • 作者单位

    California State University, Fullerton.;

  • 授予单位 California State University, Fullerton.;
  • 学科 Economics General.; Economics Labor.
  • 学位 M.A.
  • 年度 2002
  • 页码 41 p.
  • 总页数 41
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 经济学;劳动经济;
  • 关键词

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