Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth

The employment and earnings effects of the minimum wage on youth are analyzed by parameterizing the relationship between the distribution of market wage ratesindividuals would receive in the absence of the minimum and the observed distribution with the minimum. Estimates are based on individual data...

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Bibliographic Details
Published in:Econometrica 1983-11, Vol.51 (6), p.1677-1698
Main Authors: Meyer, Robert H., Wise, David A.
Format: Article
Language:English
Subjects:
Applied sciences
Consistent estimators
Economics
Employment
Estimates
Exact sciences and technology
General aspects
Graphs
Least squares
Mathematical independent variables
Mathematical minima
Minimum wage
Missing persons
Modeling
Parametric models
Random variables
Students
Time series
Wage rate
Wage rates
Wages
Wages & salaries
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Summary:The employment and earnings effects of the minimum wage on youth are analyzed by parameterizing the relationship between the distribution of market wage ratesindividuals would receive in the absence of the minimum and the observed distribution with the minimum. Estimates are based on individual data.
ISSN:0012-9682
1468-0262
DOI:10.2307/1912112