The heterogeneous effects of the minimum wage on employment across states

• Main Authors: WANG, Wuyi, PHILLIPS, Peter C. B., SU, Liangjun
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Classication; C-Lasso; Latent group structures; Minimum wage; Unemployment; Econometrics; Labor Economics
• Online Access: https://ink.library.smu.edu.sg/soe_research/2180; https://ink.library.smu.edu.sg/context/soe_research/article/3181/viewcontent/minimum_wage_20180625_.pdf
• Institution: Singapore Management University

This paper studies the relationship between the minimum wage and the employment rate in the US using the framework of a panel structure model. The approach allows the minimum wage, along with some other controls, to have heterogeneous effects on employment across states which are classified into a g...