The elusive employment effect of the minimum wage
Manning, A.
(2021).
The elusive employment effect of the minimum wage.
Journal of Economic Perspectives,
35(1), 3 - 26.
https://doi.org/10.1257/jep.35.1.3
It is hard to find a negative effect on employment effect of rises in the minimum wage: the elusive employment effect. It is much easier to find an impact on wages. This paper argues the elusive employment effect is unlikely to be solved by better data, methodology or specification. The reason for the elusive employment effect is that there are reason why the link between higher minimum wages and higher labor costs are weaker than one might think and because imperfect competition is pervasive in the labor market.
| Item Type | Article |
|---|---|
| Copyright holders | © 2021 American Economic Association |
| Departments | LSE > Academic Departments > Economics |
| DOI | 10.1257/jep.35.1.3 |
| Date Deposited | 11 Nov 2020 |
| Acceptance Date | 05 Oct 2020 |
| URI | https://researchonline.lse.ac.uk/id/eprint/107415 |
Explore Further
- J13 - Fertility; Family Planning; Child Care; Children; Youth
- J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
- J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc.
- J38 - Public Policy
- https://www.lse.ac.uk/economics/people/faculty/alan-manning (Author)
- https://www.scopus.com/pages/publications/85101520442 (Scopus publication)
- https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.35.1.3
- https://www.aeaweb.org/journals/jep (Official URL)
-
Manning, A.
(2021). Data and Code for "The Elusive Employment Effect of the Minimum Wage". [Dataset]. OpenICPSR. https://doi.org/10.3886/e122964
ORCID: https://orcid.org/0000-0002-7884-3580