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The Effect Of Changes In The Real Minimum Wage On Teenage Employment Evidence From Urban-Area Data

In: Studies on Economic Well-Being: Essays in the Honor of John P. Formby

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  • James P. Cover
  • Hoseong Kim

Abstract

This study presents estimates of the effect of changes in the real minimum wage on the employment ratio of three groups believed to be most vulnerable to changes in the minimum wage: teenagers, young adults, and adult high-school dropouts. It also examines the effect of the minimum wage on three sub-groups within each of these larger groups: males, females, and nonwhites. The data set was obtained from the monthly outgoing rotation groups of the Current Population Survey (CPS), Three Budgets for Urban Families, and the CPI-W for various urban areas. The sample period is 1979–1999.

Suggested Citation

  • James P. Cover & Hoseong Kim, 2004. "The Effect Of Changes In The Real Minimum Wage On Teenage Employment Evidence From Urban-Area Data," Research on Economic Inequality, in: Studies on Economic Well-Being: Essays in the Honor of John P. Formby, pages 37-72, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:reinzz:s1049-2585(04)12002-4
    DOI: 10.1016/S1049-2585(04)12002-4
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