Minimum wage effects within Census Based Statistical Areas: A matched pair cross-border analysis

被引:0
|
作者
Taylor, Garrett C. [1 ]
West, James E. [1 ,2 ]
机构
[1] Baylor Univ, One Bear Pl 98003, Waco, TX 76798 USA
[2] Natl Bur Econ Res, 1050 Massachusetts Ave, Cambridge, MA 02138 USA
关键词
Minimum wages; Difference-in-differences; Continuous treatment; State tax rates; EMPLOYMENT;
D O I
10.1016/j.econlet.2023.111220
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using monthly data from major U.S. metropolitan areas that span state borders, we estimate the elasticity of employment with respect to the minimum wage using a difference-in-differences design with continuous treatment in two-digit industries of 71 (Arts, Entertainment and Recreation) and 72 (Accommodation and Food Services). In specifications that control for differences in state sales, personal and corporate income tax rates, we find a negative average causal response on the treated (ACRT) in six-digit industries where we expect large numbers of young, entry-level employees but positive correlations in other industries. Our results illustrate important heterogeneities in minimum wage effects in urban versus rural areas. & COPY; 2023 Elsevier B.V. All rights reserved.
引用
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页数:6
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