RT Journal Article
SR Electronic
T1 Minimum Wage Effects in the Longer Run
JF Journal of Human Resources
JO J Hum Resour
FD University of Wisconsin Press
SP 435
OP 452
DO 10.3368/jhr.42.2.435
VO 42
IS 2
A1 Neumark, David
A1 Nizalova, Olena
YR 2007
UL http://jhr.uwpress.org/content/42/2/435.abstract
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.