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Publication Selection Bias in Minimum-Wage Research? A Meta-Regression Analysis

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Abstract

Card and Krueger’s (1995a) meta-analysis of the employment effects of minimum wages challenged existing theory. Unfortunately, their meta-analysis confused publication selection with the absence of a genuine empirical effect. We apply recently developed meta-analysis methods to 64 US minimum wage studies and corroborate that Card and Krueger’s findings were nevertheless correct. The minimum wage effects literature is contaminated by publication selection bias, which we estimate to be slightly larger than the average reported minimum-wage effect. Once this publication selection is corrected, little or no 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/2008_14eco.pdf
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Bibliographic Info

Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2008_14.

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Length: 42 pages
Date of creation: 24 Oct 2008
Date of revision:
Handle: RePEc:dkn:econwp:eco_2008_14

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Keywords: Minimum Wage; Meta-Regression Analysis; Publication Selection Bias; Efficiency-Wage Hypothesis; Wage Elasticity;

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References

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  16. T.D Stanley & Hristos Doucouliagos, 2007. "Identifying and Correcting Publication Selection Bias in the Efficiency-Wage Literature: Heckman Meta-Regression," Economics Series 2007_11, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  17. Marin C. Gemmill & Joan Costa-Font & Alistair McGuire, 2007. "In search of a corrected prescription drug Elasticity estimate: a meta-regression approach," Health Economics, John Wiley & Sons, Ltd., vol. 16(6), pages 627-643.
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  1. Increasing the Minimum Wage to $10.10 Will Make Low-Wage Workers and Their Families Better Off
    by Heidi Shierholz in Working Economics on 2014-02-14 16:29:14
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  1. Meta-Analysis in Economics

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