Minimum Wage Effects on Employment, Substitution, and the Teenage Labor Supply: Evidence from Personnel Data
利用美国一家大型零售企业的人事数据，研究了1996年联邦最低工资上调对企业就业的影响，发现青少年相对工资上升显著提高了其相对就业，尤其是更年轻和更富裕的青少年，且模式符合非竞争性模型。
Using personnel data from a large US retail firm, I examine the firm's response to the 1996 federal minimum wage increase. Compulsory increases in average wages had negative but statistically insignificant effects on overall employment. However, increases in the relative wages of teenagers led to significant increases in the relative employment of teenagers, especially younger and more affluent teenagers. Further analysis suggests a pattern consistent with noncompetitive models. Where the legislation affected mainly the wages of teenagers and so was only moderately binding, it led both to higher teenage labor market participation and to higher absolute employment of teenagers.