Publication Bias in Minimum-Wage Research? Card and Krueger Redux
AbstractCard 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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Length: 21 pages
Date of creation: 15 Oct 2006
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Find related papers by JEL classification:
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
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