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Full-Text Articles in Econometrics
The Heterogeneous Effects Of The Minimum Wage On Employment Across States, Wuyi Wang, Peter C. B. Phillips, Liangjun Su
The Heterogeneous Effects Of The Minimum Wage On Employment Across States, Wuyi Wang, Peter C. B. Phillips, Liangjun Su
Research Collection School Of Economics
This paper studies the relationship between the minimum wage and the employment rate in the US using the framework of a panel structure model. The approach allows the minimum wage, along with some other controls, to have heterogeneous effects on employment across states which are classified into a group structure. The effects on employment are the same within each group but differ across different groups. The number of groups and the group membership of each state are both unknown a priori. The approach employs the C-Lasso technique, a recently developed classification method that consistently estimates group structure and leads to …
The Impact Of Region Of Origin On Industry Of Choice, Anna Williams
The Impact Of Region Of Origin On Industry Of Choice, Anna Williams
Mahurin Honors College Capstone Experience/Thesis Projects
America’s population is constantly growing not just in numbers, but in diversity as well. Immigration, while a controversial issue, is a topic that affects every American. While there have been a multitude of studies done about migrants, few have looked at region of origin as a primary factor in economic decisions regarding migration. How much impact does their home country have on their occupational choices? Using microdata from the American Community Survey (ACS) from 2001 to 2016, this multinomial logit regression equation calculates the impact of certain regions of origin on choosing jobs in Manufacturing, Construction, Professional Services, and Other …