PT  - JOURNAL ARTICLE
AU  - Neumark, David
AU  - Nizalova, Olena
TI  - Minimum Wage Effects in the Longer Run
AID  - 10.3368/jhr.42.2.435
DP  - 2007 Mar 31
TA  - Journal of Human Resources
PG  - 435--452
VI  - 42
IP  - 2
4099  - http://jhr.uwpress.org/content/42/2/435.short
4100  - http://jhr.uwpress.org/content/42/2/435.full
SO  - J Hum Resour2007 Mar 31; 42
AB  - 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.