Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/180445 
Year of Publication: 
2018
Series/Report no.: 
IZA Discussion Papers No. 11427
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper presents results from the first year of a multi-year, pre-committed research design for analyzing recent state-level minimum wage changes. Through 2015 and 2016, we estimate that relatively large statutory minimum wage increases have reduced employment among low-skilled population groups by just under 1.5 percentage points. Our estimates of the effects of smaller minimum wage increases are more variable and include both moderately large positive values and modest negative values. Our estimates of the effects of increases linked to inflation-indexing provisions are also quite variable, taking a small positive value on average across specifications. Results including 2016 diverge nontrivially when we compare estimates using the American Community Survey (ACS) to estimates using the Current Population Survey (CPS), with estimates tending to be more negative in the ACS. Analysis of future data will be needed to determine whether this difference across surveys is most appropriately attributed to sampling variations or to some other cause.
Subjects: 
minimum wages
employment
pre-commitment
JEL: 
J08
J23
J38
Document Type: 
Working Paper

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