Econometrica Vol. 51 No. 6 1983
Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth
open access
Abstract
The effects of minimum wage legislation on the employment and wage rates of youth are estimated using a new statistical approach. We find that without the minimum, not only would the percent of out-of-school youth who are employed be 4 to 6 percent higher than it is, but also that these youth would earn more.
- DOI
- 10.2307/1912112
- Volume
- 51
- Issue
- 6
- Pages
- 1677
- Sources
- bibtex:phds-export.bib openalex crossref