Minimum Wages and Teenagers' Enrollment-Employment Outcomes: A Multinomial Logit Model
利用全国纵向调查数据，通过多项Logit模型检验最低工资对青少年教育决策的影响是否因家庭收入而异，发现低收入家庭子女可能减少教育投入，而高收入家庭子女则增加。
This paper tests the hypothesis that the effect of minimum wage legislation on teenagers' education decisions is asymmetrical across family income classes, with the legislation inducing children from low-income families to reduce their levels of schooling and children from higher-income families to increase their educational attainment. We use data from the National Longitudinal Surveys (NLS) and exploit the fact that, although the minimum wage is fixed at a point in time, its value relative to adult wages varies across areas. Multinomial logit models of teenagers' enrollment-employment outcomes are estimated. The hypothesis appears to be confirmed for white teens; however, the evidence for nonwhites is more ambiguous.