Minimum wage effects on hours, employment, and number of firms: The iowa case | Zendy

Peter F. Orazem | Zendy; J. Peter Mattila | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Minimum wage effects on hours, employment, and number of firms: The iowa case

Author(s) -

Peter F. Orazem,

J. Peter Mattila

Publication year - 2002

Publication title -

journal of labor research

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.283

H-Index - 34

eISSN - 1936-4768

pISSN - 0195-3613

DOI - 10.1007/s12122-002-1014-6

Subject(s) - economics , labour economics , wage , low wage , demographic economics , range (aeronautics) , aggregate (composite) , engineering , materials science , composite material , aerospace engineering

V. Conclusions Our results show that minimum wages reduce employment opportunities for workers. Like the early studies, our county-level (more aggregate) estimates imply fairly modest impacts with elasticities of approximately -0.1. However, our firm-level estimates for subminimum workers imply much more elastic responses. In particular, hours elasticities are in the elastic range.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research