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- Publisher
- Emerald Publishing
- Copyright
- © Emerald Publishing Limited
- ISSN
- 0143-7720
- DOI
- 10.1108/ijm-07-2021-0402
- Publisher site
- See Article on Publisher Site
Abstract
This paper examines disemployment effects of minimum wages during the period 2002–2010.Design/methodology/approachThe authors employ the discontinuity design.FindingsThe authors find that minimum wages had a significant negative impact on teen employment before the Great Recession. During the Great Recession, the disemployment effects of minimum wages were insignificant. The finding is consistent with the evolution of firms’ market power during the business cycle.Originality/valueThe authors attempt to reconcile the debate about the effects of minimum wages on US employment.
Journal
International Journal of Manpower – Emerald Publishing
Published: Mar 14, 2023
Keywords: Minimum wage; Business cycle; Labour market; J23; J38; J88