Minimum Wage Effects in the Longer Run

David Neumark and Olena Nizalova ()

Journal of Human Resources, 2007, vol. 42, issue 2

Abstract: Exposure to minimum wages at young ages could lead to adverse longer-run effects via decreased labor market experience and tenure, and diminished education and training, while beneficial longer-run effects could arise if minimum wages increase skill acquisition. Evidence suggests that as individuals reach their late 20s, they earn less the longer they were exposed to a higher minimum wage at younger ages, and the adverse longer-run effects are stronger for blacks. If there are such longer-run effects of minimum wages, they are likely more significant than the contemporaneous effects on youths that are the focus of research and policy debate.

Date: 2007
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Related works:
Working Paper: Minimum Wage Effects in the Longer Run (2006)
Working Paper: Minimum Wage Effects in the Longer Run (2004)
Working Paper: Minimum Wage Effects in the Longer Run (2004)
Working Paper: Minimum Wage Effects in the Longer Run (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:42:y:2007:i2:p435-452

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