The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers

Jeffrey Clemens and Michael Wither

Working Papers from eSocialSciences

Abstract: The paper estimates the minimum wage's effects on low-skilled workers' employment and income trajectories. The increased binding minimum wage had significant, negative effects on the employment and income growth of targeted workers. Lost income reflects contributions from employment declines, increased probabilities of working without pay (i.e., an "internship" effect), and lost wage growth associated with reductions in experience accumulation.

Keywords: low-skilled workers; employment; minimum wage; income; wage growth; minimum wage’s effects; approaches; Middle Class Earnings; income growth; working without pay; targeted workers. (search for similar items in EconPapers)
Date: 2015-01
Note: Institutional Papers
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Citations: View citations in EconPapers (34)

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Related works:
Journal Article: The minimum wage and the Great Recession: Evidence of effects on the employment and income trajectories of low-skilled workers (2019)
Working Paper: The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:6407

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