Minimum wage and employment
Cengiz and al use a novel approach that estimates the effect of minimum wage increases on US employment by comparing the number of excess jobs paying at or slightly above the new minimum wage to the missing jobs paying below it. They find that a 50 percent increase in the minimum wage leads to only a 3 percent decrease in employment. In tradable sectors the loss of employment is more pronounced.
The Effect of Minimum Wages on Low-Wage Jobs: Evidence from the United States Using a Bunching Estimator
Authors: Doruk Cengiz, Arindrajit Dube, Attila Lindner, Ben Zipperer
From: University of Massachusetts – UCL – EPI
Bodnár and al use a firm-level dataset from eight Central and Eastern European countries to evaluate the effect of a minimum wage increase on employment. One of their conclusions is that “cuts in employment are less popular and occur mostly through reduced hiring rather than direct layoffs.”
How do firms adjust to rises in the minimum wage? Survey evidence from Central and Eastern Europe
Authors: Katalin Bodnár and al.
From: ECB
Minimum wage and crime
Agan and Makowsky used US prison release records from nearly six million offenders released between 2000 and 2014 and a difference-in-differences strategy to identify the effect of increases in minimum wage on recidivism. They find that an increase of 8{5e7f07e14add20b2e04f4edb85a447d3cd8121fc27b809645e9fed603c22cc5c} in minimum wage reduces the probability that men and women return to prison within 1 year by 2{5e7f07e14add20b2e04f4edb85a447d3cd8121fc27b809645e9fed603c22cc5c} but only for criminals who had committed crimes that serve as a source of income such as property and drug crimes.
The Minimum Wage, EITC, and Criminal Recidivism
Authors: Amanda Y. Agan, Michael D. Makowsky
From: Rutgers University – Clemson University
Minimum wage and babysitters
Bar and al. argue that increased inequality has enabled career-focused women to have more children than in the past because nowdays high income families “outsource household production to lower-income people”. Can an increase in minimum wage reverse this trend and therefore affect high income families’ fertility decisions?
Careers and families of high-skilled women in the age of high inequality
By: Michael Bar, Moshe Hazan, Oksana Leukhina, David Weiss, Hosny Zoabi
