Details about William Wascher

Workplace:

Federal Reserve Board (Board of Governors of the Federal Reserve System), (more information at EDIRC)

Access statistics for papers by William Wascher.

Last updated 2024-02-06. Update your information in the RePEc Author Service.

Short-id: pwa356

---

Jump to Journal Articles Books Chapters

Working Papers

2020

1. Downward Nominal Wage Rigidity in the United States During and After the Great Recession
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
   Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2016) View citations (5)
   Working Papers, Federal Reserve Bank of Cleveland (2020) View citations (4)

2019

2. Minimum Wage Effects of Employment and School Enrollment: Reply to Evans and Turner
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
   Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1996) View citations (2)
3. Okun Revisited: Who Benefits Most from a Strong Economy
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (15)
   See also Journal Article Okun Revisited: Who Benefits Most from a Strong Economy?, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2019) View citations (7) (2019)

2014

4. Labor Force Participation: Recent Developments and Future Prospects
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (60)
   Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (2014) View citations (100)
   See also Journal Article Labor Force Participation: Recent Developments and Future Prospects, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2014) View citations (121) (2014)
5. More on Recent Evidence on the Effects of Minimum Wages in the United States
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (58)
   See also Journal Article More on recent evidence on the effects of minimum wages in the United States, IZA Journal of Labor Policy, Springer (2014) View citations (58) (2014)

2013

6. Aggregate supply in the United States: recent developments and implications for the conduct of monetary policy
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (58)
   See also Journal Article Aggregate Supply in the United States: Recent Developments and Implications for the Conduct of Monetary Policy, IMF Economic Review, Palgrave Macmillan (2015) View citations (103) (2015)
7. Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby with the Bathwater?
   IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (94)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (77)

2008

8. The causes and consequences of economic restructuring: evidence from the early 21st century
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)

2007

9. Does a Higher Minimum Wage Enhance the Effectiveness of The Earned Income Tax Credit?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
   See also Journal Article Does a Higher Minimum Wage Enhance the Effectiveness of the Earned Income Tax Credit?, ILR Review, Cornell University, ILR School (2011) View citations (20) (2011)
10. Minimum Wages and Employment
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (315)
    See also Journal Article Minimum Wages and Employment, Foundations and Trends(R) in Microeconomics, now publishers (2007) View citations (311) (2007)
11. Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research
    Working Papers, University of California-Irvine, Department of Economics View citations (32)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (166)
12. Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (40)

2004

13. The effects of minimum wages on the distribution of family incomes: a nonparametric analysis
    Working Papers (Old Series), Federal Reserve Bank of Cleveland View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (25)
    See also Journal Article The Effects of Minimum Wages on the Distribution of Family Incomes: A Nonparametric Analysis, Journal of Human Resources, University of Wisconsin Press (2005) View citations (58) (2005)

2003

14. Minimum wages, labor market institutions, and youth employment: a cross-national analysis
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
    See also Journal Article Minimum Wages, Labor Market Institutions, and Youth Employment: A Cross-National Analysis, ILR Review, Cornell University, ILR School (2004) View citations (138) (2004)

2001

15. Compensating Differentials and Evolution in the Quality-of-Life Among U.S. States-REVISED May 2001
    Working Paper, USC Lusk Center for Real Estate View citations (1)

2000

16. The Effects of Minimum Wages Throughout the Wage Distribution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1999) View citations (9)
    Working Papers, London School of Economics - Centre for Labour Economics (1999) View citations (1)
17. Using the EITC to Help Poor Families: New Evidence and a Comparision with the Minimum Wage
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
    See also Journal Article Using the EITC to Help Poor Families: New Evidence and a Comparison With the Minimum Wage, National Tax Journal, National Tax Association (2001) View citations (57) (2001)
18. Using the EITC to Increase Family Earnings: New Evidence and a Comparison with the Minimum Wage
    JCPR Working Papers, Northwestern University/University of Chicago Joint Center for Poverty Research View citations (1)

1999

19. A Cross-National Analysis of the Effects of Minimum Wages on Youth Employment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
20. Sacrifice ratios and the conduct of monetary policy in conditions of low inflation
    BIS Working Papers, Bank for International Settlements View citations (53)
21. The cyclical sensitivity of seasonality in US employment
    BIS Working Papers, Bank for International Settlements View citations (19)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1995)
    See also Journal Article The cyclical sensitivity of seasonality in U.S. employment, Journal of Monetary Economics, Elsevier (1999) View citations (12) (1999)

1998

22. Minimum Wages and Training Revisited
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article Minimum Wages and Training Revisited, Journal of Labor Economics, University of Chicago Press (2001) View citations (83) (2001)

1997

23. Do Minimum Wages Fight Poverty?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    See also Journal Article Do Minimum Wages Fight Poverty?, Economic Inquiry, Western Economic Association International (2002) View citations (55) (2002)

1996

24. Compensating differentials and evolution of the quality-of-life among U.S. states
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco View citations (5)
    See also Journal Article Compensating differentials and evolution in the quality-of-life among U.S. states, Regional Science and Urban Economics, Elsevier (2003) View citations (78) (2003)
25. Is the Time-Series Evidence on Minimum Wage Effects Contaminated by Publication Bias?
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Is the Time-Series Evidence on Minimum Wage Effects Contaminated by Publication Bias?, Economic Inquiry, Western Economic Association International (1998) View citations (17) (1998)

1995

26. Inflation, nominal wage rigidity, and the efficiency of labor markets
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (39)
27. Minimum wage effects on school and work transitions of teenagers
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (43)
    See also Journal Article Minimum-Wage Effects on School and Work Transitions of Teenagers, American Economic Review, American Economic Association (1995) View citations (51) (1995)
28. Reconciling the evidence on employment effects of minimum wages: a review of our research findings
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
29. The Effect of New Jersey's Minimum Wage Increase on Fast-Food Employment: A Re-Evaluation Using Payroll Records
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (29)
30. The Effects of Minimum Wages on Teenage Employment and Enrollment: Evidence from Matched CPS Surveys
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)

1994

31. Minimum Wage Effects and Low-Wage Labor Markets: A Disequilibrium Approach
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
32. Minimum Wage Effects on Employment and School Enrollment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article Minimum Wage Effects on Employment and School Enrollment, Journal of Business & Economic Statistics, American Statistical Association (1995) View citations (74) (1995)

1993

33. Employment Effects of Minimum and Subminimum Wages: Reply to Card, Katz and Krueger
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
    Also in Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) (1993) View citations (8)
34. Minimum wage effects on employment and school enrollment: evidence from policy variation in schooling quality and compulsory schooling laws
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

1991

35. Evidence on Employment Effects of Minimum Wages and Subminimum Wage Provisions From Panel Data on State Minimum Wage Laws
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
36. Regional house-price dispersion and interregional migration
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (9)
    See also Journal Article Regional house-price dispersion and interregional migration, Journal of Housing Economics, Elsevier (1992) View citations (31) (1992)

1989

37. Can we improve preliminary estimates of payroll employment growth?
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.)

1988

38. Regional labor markets, cost-of-living differentials, and migration
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (2)

1986

39. Creative destruction and the behavior of productivity over the business cycle
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
    See also Journal Article Creative Destruction and the Behavior of Productivity over the Business Cycle, The Review of Economics and Statistics, MIT Press (1988) View citations (2) (1988)
40. Cross-industry differences in race and gender wage differentials
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
41. Cyclical fluctuations in productivity in a long-run demand equation
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.)
42. Some direct evidence on the importance of borrowing constraints to the labor force participation of married women
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.) View citations (1)
    See also Journal Article Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women, Journal of Human Resources, University of Wisconsin Press (1987) View citations (1) (1987)

1985

43. Persistence effects in labor force participation
    Working Paper Series / Economic Activity Section, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Persistence Effects in Labor Force Participation, Eastern Economic Journal, Eastern Economic Association (1989) View citations (1) (1989)

Journal Articles

2022

1. Downward nominal wage rigidity in the United States in times of economic distress and low inflation
   Labour Economics, 2022, 78, (C) View citations (1)

2019

2. Okun Revisited: Who Benefits Most from a Strong Economy?
   Brookings Papers on Economic Activity, 2019, 50, (1 (Spring)), 333-404 View citations (7)
   See also Working Paper Okun Revisited: Who Benefits Most from a Strong Economy, Finance and Economics Discussion Series (2019) View citations (15) (2019)

2017

3. Reply to “Credible Research Designs for Minimum Wage Studiesâ€
   ILR Review, 2017, 70, (3), 593-609 View citations (38)

2015

4. Aggregate Supply in the United States: Recent Developments and Implications for the Conduct of Monetary Policy
   IMF Economic Review, 2015, 63, (1), 71-109 View citations (103)
   See also Working Paper Aggregate supply in the United States: recent developments and implications for the conduct of monetary policy, Finance and Economics Discussion Series (2013) View citations (58) (2013)

2014

5. Labor Force Participation: Recent Developments and Future Prospects
   Brookings Papers on Economic Activity, 2014, 45, (2 (Fall)), 197-275 View citations (121)
   See also Working Paper Labor Force Participation: Recent Developments and Future Prospects, Finance and Economics Discussion Series (2014) View citations (60) (2014)
6. More on recent evidence on the effects of minimum wages in the United States
   IZA Journal of Labor Policy, 2014, 3, (1), 1-26 View citations (58)
   See also Working Paper More on Recent Evidence on the Effects of Minimum Wages in the United States, NBER Working Papers (2014) View citations (58) (2014)
7. Revisiting the Minimum Wage—Employment Debate: Throwing Out the Baby with the Bathwater?
   ILR Review, 2014, 67, (3_suppl), 608-648 View citations (176)

2011

8. Does a Higher Minimum Wage Enhance the Effectiveness of the Earned Income Tax Credit?
   ILR Review, 2011, 64, (4), 712-746 View citations (20)
   See also Working Paper Does a Higher Minimum Wage Enhance the Effectiveness of The Earned Income Tax Credit?, NBER Working Papers (2007) View citations (16) (2007)

2010

9. The Causes and Consequences of Sectoral Reallocation: Evidence from the Early 21st Century
   Business Economics, 2010, 45, (1), 49-68 View citations (4)

2007

10. Minimum Wages and Employment
    Foundations and Trends(R) in Microeconomics, 2007, 3, (1–2), 1-182 View citations (311)
    See also Working Paper Minimum Wages and Employment, IZA Discussion Papers (2007) View citations (315) (2007)

2006

11. The Recent Decline in the Labor Force Participation Rate and Its Implications for Potential Labor Supply
    Brookings Papers on Economic Activity, 2006, 37, (1), 69-154 View citations (123)

2005

12. The Effects of Minimum Wages on the Distribution of Family Incomes: A Nonparametric Analysis
    Journal of Human Resources, 2005, 40, (4), 867-894 View citations (58)
    See also Working Paper The effects of minimum wages on the distribution of family incomes: a nonparametric analysis, Working Papers (Old Series) (2004) View citations (4) (2004)

2004

13. Distinguished Lecture on Economics in Government: Lessons from Past Productivity Booms
    Journal of Economic Perspectives, 2004, 18, (2), 3-28 View citations (20)
14. Minimum Wage Effects throughout the Wage Distribution
    Journal of Human Resources, 2004, 39, (2) View citations (213)
15. Minimum Wages, Labor Market Institutions, and Youth Employment: A Cross-National Analysis
    ILR Review, 2004, 57, (2), 223-248 View citations (138)
    See also Working Paper Minimum wages, labor market institutions, and youth employment: a cross-national analysis, Finance and Economics Discussion Series (2003) View citations (7) (2003)
16. The Influence of Labour Market Institutions on the Disemployment Effects of the Minimum Wage
    ifo DICE Report, 2004, 2, (02), 40-47 View citations (1)

2003

17. Compensating differentials and evolution in the quality-of-life among U.S. states
    Regional Science and Urban Economics, 2003, 33, (5), 619-649 View citations (78)
    See also Working Paper Compensating differentials and evolution of the quality-of-life among U.S. states, Working Papers in Applied Economic Theory (1996) View citations (5) (1996)
18. Minimum wages and skill acquisition: another look at schooling effects
    Economics of Education Review, 2003, 22, (1), 1-10 View citations (55)

2002

19. Do Minimum Wages Fight Poverty?
    Economic Inquiry, 2002, 40, (3), 315-333 View citations (55)
    See also Working Paper Do Minimum Wages Fight Poverty?, NBER Working Papers (1997) View citations (31) (1997)
20. State-Level Estimates of Minimum Wage Effects: New Evidence and Interpretations from Disequilibrium Methods
    Journal of Human Resources, 2002, 37, (1), 35-62 View citations (40)

2001

21. Minimum Wages and Training Revisited
    Journal of Labor Economics, 2001, 19, (3), 563-95 View citations (83)
    See also Working Paper Minimum Wages and Training Revisited, NBER Working Papers (1998) View citations (11) (1998)
22. Using the EITC to Help Poor Families: New Evidence and a Comparison With the Minimum Wage
    National Tax Journal, 2001, 54, (2), 281-318 View citations (57)
    See also Working Paper Using the EITC to Help Poor Families: New Evidence and a Comparision with the Minimum Wage, NBER Working Papers (2000) View citations (19) (2000)

2000

23. Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment
    American Economic Review, 2000, 90, (5), 1362-1396 View citations (255)

1999

24. House price differentials and dynamics: evidence from the Los Angeles and San Francisco metropolitan areas
    Economic Review, 1999, 3-22 View citations (8)
25. The cyclical sensitivity of seasonality in U.S. employment
    Journal of Monetary Economics, 1999, 44, (3), 523-553 View citations (12)
    See also Working Paper The cyclical sensitivity of seasonality in US employment, BIS Working Papers (1999) View citations (19) (1999)
26. Will increasing the minimum wage help the poor?
    Economic Commentary, 1999, (Feb)

1998

27. Is the Time-Series Evidence on Minimum Wage Effects Contaminated by Publication Bias?
    Economic Inquiry, 1998, 36, (3), 458-70 View citations (17)
    See also Working Paper Is the Time-Series Evidence on Minimum Wage Effects Contaminated by Publication Bias?, NBER Working Papers (1996) (1996)

1995

28. Is a Productivity Revolution under Way in the United States?
    Challenge, 1995, 38, (6), 18-30
29. Minimum Wage Effects on Employment and School Enrollment
    Journal of Business & Economic Statistics, 1995, 13, (2), 199-206 View citations (74)
    See also Working Paper Minimum Wage Effects on Employment and School Enrollment, NBER Working Papers (1994) View citations (3) (1994)
30. Minimum-Wage Effects on School and Work Transitions of Teenagers
    American Economic Review, 1995, 85, (2), 244-49 View citations (51)
    See also Working Paper Minimum wage effects on school and work transitions of teenagers, Finance and Economics Discussion Series (1995) View citations (43) (1995)
31. The demise of California reconsidered: interstate migration over the economic cycle
    Economic Review, 1995, 30-48 View citations (10)

1993

32. Does migration arbitrage regional labor market differentials?
    Regional Science and Urban Economics, 1993, 23, (2), 211-233 View citations (36)

1992

33. Employment Effects of Minimum and Subminimum Wages: Panel Data on State Minimum Wage Laws
    ILR Review, 1992, 46, (1), 55-81 View citations (407)
34. Regional house-price dispersion and interregional migration
    Journal of Housing Economics, 1992, 2, (3), 235-256 View citations (31)
    Also in Proceedings, 1990, (Nov) (1990)
    See also Working Paper Regional house-price dispersion and interregional migration, Working Paper Series / Economic Activity Section (1991) View citations (9) (1991)

1991

35. Can We Improve upon Preliminary Estimates of Payroll Employment Growth?
    Journal of Business & Economic Statistics, 1991, 9, (2), 197-205 View citations (7)
36. Leveling the Peaks and Troughs of the Demographic Cycle: An Application to School Enrollment Rates: A Reply
    The Review of Economics and Statistics, 1991, 73, (3), 575-76

1989

37. Persistence Effects in Labor Force Participation
    Eastern Economic Journal, 1989, 15, (3), 177-187 View citations (1)
    See also Working Paper Persistence effects in labor force participation, Working Paper Series / Economic Activity Section (1985) (1985)

1988

38. Creative Destruction and the Behavior of Productivity over the Business Cycle
    The Review of Economics and Statistics, 1988, 70, (1), 168-72 View citations (2)
    See also Working Paper Creative destruction and the behavior of productivity over the business cycle, Working Paper Series / Economic Activity Section (1986) View citations (2) (1986)

1987

39. Some Direct Evidence on the Importance of Borrowing Constraints to the Labor Force Participation of Married Women
    Journal of Human Resources, 1987, 22, (4), 593-602 View citations (1)
    See also Working Paper Some direct evidence on the importance of borrowing constraints to the labor force participation of married women, Working Paper Series / Economic Activity Section (1986) View citations (1) (1986)

1986

40. Assessing the relative efficiency of Hausman's test under Bahadur efficiency considerations
    Economics Letters, 1986, 21, (4), 343-347 View citations (1)
41. Economic implications of changing population trends
    Federal Reserve Bulletin, 1986, (Dec), 815-826 View citations (4)

1985

42. Statistical inference, model selection and research experience: A multinomial model of data mining
    Economics Letters, 1985, 18, (1), 39-44

1984

43. Leveling the Peaks and Troughs in the Demographic Cycle: An Application to School Enrollment Rates
    The Review of Economics and Statistics, 1984, 66, (2), 208-15 View citations (7)

1983

44. Labor market policies in response to structural changes in labor demand
    Proceedings - Economic Policy Symposium - Jackson Hole, 1983, 177-229

Books

2008

1. Minimum Wages, vol 1
   MIT Press Books, The MIT Press View citations (201)

Chapters

2010

1. Discussion comments on "Immigration: trends and macroeconomic implications"
   A chapter in Globalisation, labour markets and international adjustment - Essays in honour of Palle S Andersen, 2010, vol. 50, pp 69-75

2001

2. Understanding the recent behaviour of inflation: an empirical study of wage and price developments in eight countries
   A chapter in Empirical studies of structural changes and inflation, 2001, vol. 03, pp 267-302 View citations (14)