The Wage and Employment Dynamics of Minimum Wage Workers
AbstractThis study uses 20 years of short panel data sets on minimum wage workers to examine the wage and employment dynamics of minimum wage workers. Compared to workers earning above the minimum wage, minimum wage workers differ substantially in several ways. First, minimum wage workers are much more likely to be new entrants and much more likely to exit the labor market. Second, changes in industry and occupation and access to job training are particularly important to improving the wages of minimum wage workers. Finally, we find evidence that many minimum wage workers are earning less than their potential wage temporarily because of other non-work circumstances that make higher paying jobs less attractive.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0404007.
Length: 37 pages
Date of creation: 22 Apr 2004
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Other versions of this item:
- William E. Even & David A. Macpherson, 2003. "The Wage and Employment Dynamics of Minimum Wage Workers," Southern Economic Journal, Southern Economic Association, vol. 69(3), pages 676-690, January.
- J - Labor and Demographic Economics
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