Minimum Wages and Human Capital Investment: A Meta-Regression Analysis

Chris Doucouliagos and Katarina Zigova

No 219, Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW)

Abstract: We apply meta-regression analysis to assess the effect of the minimum wage on two types of human capital: 460 estimates of formal education enrolment and 428 estimates of on-the-job training. Raising the minimum wage reduces enrolment in all countries assessed. The minimum wage has a somewhat moderate positive effect on training in the US and a small positive training effect elsewhere. There is no publication bias in the formal education and modest bias in training literatures. Heterogeneity among reported estimates is primarily driven by alternative specifications and measures of the relevant variables and data differences.

Keywords: minimum wages; on-the-job training; education enrolment; meta-regression analysis (search for similar items in EconPapers)
JEL-codes: J08 J24 J51 M53 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2024-05
New Economics Papers: this item is included in nep-inv and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repec.business.uzh.ch/RePEc/iso/leadinghouse/0219_lhwpaper.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iso:educat:0219

Access Statistics for this paper

More papers in Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW) Contact information at EDIRC.
Bibliographic data for series maintained by Sara Brunner ().