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Call for papers: Conference on Integrating Genetics and the Social Sciences, Oct 21-22, 2016, CU-Boulder

PRB training program in policy communication for pre-docs. Application deadline, 2.28.2016

Call for proposals: PSID small grants for research on life course impacts on later life wellbeing

PSC News, fall 2015 now available

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State-Level Estimates of Minimum Wage Effects - New Evidence and Interpretations From Disequilibrium Methods

Archived Abstract of Former PSC Researcher

Neumark, David, and W. Wascher. 2002. "State-Level Estimates of Minimum Wage Effects - New Evidence and Interpretations From Disequilibrium Methods." Journal of Human Resources, 37(1): 35-62.

Research using state-level data to estimate minimum wage effects on employment follows the textbook treatment of minimum wages, assuming that minimum wages are binding and that labor markets are competitive. We present an alternative method of estimating minimum wage effects using similar data their relaxes these assumptions, using a disequilibrium approach. Applying this approach to the data and sample period used in many earlier state-level studies suggests that simple state-level reduced form estimates of minimum wage effects on employment depend on the sample used, and may badly understate the disemployment effects of a binding minimum wage.

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