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Full-Text Articles in Economics
New Research On The Price Pass-Through Effects Of The Minimum Wage, Daniel Macdonald
New Research On The Price Pass-Through Effects Of The Minimum Wage, Daniel Macdonald
Employment Research Newsletter
No abstract provided.
The Effects Of Increasing The Minimum Wage On Prices: Analyzing The Incidence Of Policy Design And Context, Daniel Macdonald, Eric Nilsson
The Effects Of Increasing The Minimum Wage On Prices: Analyzing The Incidence Of Policy Design And Context, Daniel Macdonald, Eric Nilsson
Upjohn Institute Working Papers
We analyze the price pass-through effect of the minimum wage and use the results to provide insight into the competitive structure of low-wage labor markets. Using monthly price series, we find that the pass-through effect is entirely concentrated on the month that the minimum wage change goes into effect, and is much smaller than what the canonical literature has found. We then discuss why our results differ from that literature, noting the impact of series interpolation in generating most of the previous results. We then use the variation in the size of the minimum wage change to evaluate the competitive …
Are There Returns To Experience At Low-Skill Jobs? Evidence From Single Mothers In The United States Over The 1990s, Adam Looney, Dayanand S. Manoli
Are There Returns To Experience At Low-Skill Jobs? Evidence From Single Mothers In The United States Over The 1990s, Adam Looney, Dayanand S. Manoli
Upjohn Institute Working Papers
Policy changes in the United States in the 1990s resulted in sizable increases in employment rates of single mothers. We show that this increase led to a large and abrupt increase in work experience for single mothers with young children. We then examine the economic return to this increase in experience for affected single mothers. Despite the increases in experience, single mothers’ real wages and employment have remained relatively unchanged. The empirical analysis suggests that an additional year of experience increases single mothers’ wage rates by less than 2 percent, a percentage lower than previous estimates in the literature.