Minimum Wage Effects throughout the Wage Distribution
研究最低工资上调对工资、工时、就业和劳动收入的多重影响,发现低工资工人工资上升但工时和就业下降,净收入可能受损。
Abstract This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income. Not surprisingly, the evidence indicates that low-wage workers are most strongly affected, while higher-wage workers are little affected. Workers who initially earn near the minimum wage experience wage gains. Nevertheless, their hours and employment decline, and the combined effect of these changes on earned income suggests adverse consequences, on net, for low-wage workers.