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Econometrica Vol. 51 No. 6 1983

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

Robert H. Meyer1,2; David A. Wise1,3,2

1 National Bureau of Economic Research · 2 Harvard University Press · 3 Harvard University

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

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