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Full-Text Articles in Social and Behavioral Sciences
The Effect Of The Minimum Wage On Crime, Abbie Natkin
The Effect Of The Minimum Wage On Crime, Abbie Natkin
Economics Honors Projects
Evidence shows that education, labor market conditions for ex-offenders, and wages influence crime rates. The relationship between wages and crime specifically, has interesting potential policy implications, especially in arguments for increasing the minimum wage. Economists speculate that increasing the minimum wage may help reduce crime by increasing wages and thus increasing the opportunity cost of committing crime, making it riskier and less necessary for people to supplement their incomes through illegal avenues. Using crime data from the FBI’s Uniform Crime Reports and minimum wage data from Vaghul & Zipperer (2016), I employ a two-way fixed effects framework to analyze the …
How Does An Increase In The Minimum Wage Affect High School Enrollment?, Esther Swehla
How Does An Increase In The Minimum Wage Affect High School Enrollment?, Esther Swehla
Economics Honors Projects
In this paper, I explore how the probability of a student being in different combinations of enrolled/not enrolled and employed/unemployed/not in the labor force is affected by an increase in the minimum wage. I use binomial logistic regression, and experiment with both state and county level of observation and fixed effects. I also use year fixed effects. I find that when either the nominal or real minimum wage increases, the probability of a student being employed and enrolled increases, while the probability of being in any of the other groups decreases. However, these changes are not substantial. I determine that …