William Wascher

TL;DR: In this paper, the authors reevaluate existing evidence on the effects of a minimum wage on employment and find evidence that youth sub-minimum wage provisions enacted by state legislatures moderate the disemployment effects of minimum wages on teenagers.

TL;DR: The authors assess new studies claiming that the standard panel data approach used in much of the "new minimum wage research" is flawed because it fails to account for spatial heterogeneity and conclude that minimum wages in the United States have not reduced employment.

TL;DR: The authors provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income.

TL;DR: There is a wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of an increase in the minimum wage, but the oft-stated assertion that recent research fails to support the traditional view that the minimum Wage reduces the employment of low- Wage workers is clearly incorrect.

TL;DR: The authors assess new studies claiming that the standard panel data approach used in much of the "new minimum wage research" is flawed because it fails to account for spatial heterogeneity and conclude that minimum wages in the United States have not reduced employment.