Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/167534
Authors: 
Horton, John
Year of Publication: 
2017
Series/Report no.: 
CESifo Working Paper 6548
Abstract: 
Minimum hourly wages were randomly imposed on firms posting job openings in an online labor market. A higher minimum wage raised the wages of hired workers substantially. However, there was some reduction in hiring and large reductions in hours-worked. Treated firms hired more productive workers, which can explain, in part, the reduction in hours-worked: with more productive workers, projects were completed in less time. At the conclusion of the experiment, the platform imposed a market-wide minimum wage. A difference-in-differences analysis shows that, in equilibrium, firms still substitute towards more productive workers, adversely affecting less productive workers.
Subjects: 
minimum wages
field experiments
hiring
JEL: 
J01
J08
Document Type: 
Working Paper
Social Media Mentions:

27



Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.