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Publication Bias in Minimum-Wage Research? Card and Krueger Redux

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Card and Krueger’s (1995) meta-analysis of the employment effects of minimum wages challenged existing theory. Unfortunately, their meta-analysis confused publication bias with the absence of a genuine empirical effect. Recently developed meta-analysis methods corroborate that Card and Krueger’s findings were nevertheless correct. The minimum wage effects literature is contaminated by publication bias. Once this publication bias is corrected, no time-series evidence of a negative association between minimum wages and employment remains.

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File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/2006-16eco.pdf
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Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2006_16.

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Length: 21 pages
Date of creation: 15 Oct 2006
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Handle: RePEc:dkn:econwp:eco_2006_16

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