Employment effects of minimum wage indexing: Establishment evidence from Oregon restaurants

IF 1.3 4区 经济学 Q2 ECONOMICS
Stephen Miller, Gary A. Wagner, Alicia Plemmons
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引用次数: 0

Abstract

Though 18 states will index their minimum wage to the Consumer Price Index by 2025, few studies have examined indexing's differential employment effects. Leveraging a period of stability in minimum wages (2000–2007) and two distinct national geocoded databases of establishments, we explore how indexing affected employment in Oregon restaurants, one of the earliest indexing states (2003). Nearest-neighbor matching is used as a preprocessing step before regression, pairing individual restaurants in Oregon to restaurants with similar characteristics in states where the minimum wage was unchanged. We find evidence that establishment employment falls 3.6% after indexing, implying an employment elasticity of −0.18.

最低工资指数对就业的影响:来自俄勒冈州餐馆的证据
尽管到2025年,18个州将把最低工资与消费者价格指数挂钩,但很少有研究调查了指数对就业的差异影响。利用最低工资的稳定时期(2000-2007年)和两个不同的国家地理编码数据库,我们探讨了指数如何影响俄勒冈州餐馆的就业,这是最早的指数州之一(2003年)。最近邻匹配被用作回归前的预处理步骤,将俄勒冈州的个别餐馆与最低工资不变的州中具有相似特征的餐馆配对。我们发现有证据表明,编制指数后,企业就业下降3.6%,这意味着就业弹性为- 0.18。
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来源期刊
Economic Inquiry
Economic Inquiry ECONOMICS-
CiteScore
3.80
自引率
5.60%
发文量
63
期刊介绍: Published since 1962, (formerly Western Economic Journal), EI is widely regarded as one of the top scholarly journals in its field. Besides containing research on all economics topic areas, a principal objective is to make each article understandable to economists who are not necessarily specialists in the article topic area. Nine Nobel laureates are among EI long list of prestigious authors.
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