TY - JOUR T1 - Minimum Wage Effects in the Longer Run JF - Journal of Human Resources JO - J Hum Resour SP - 435 LP - 452 DO - 10.3368/jhr.XLII.2.435 VL - XLII IS - 2 AU - David Neumark AU - Olena Nizalova Y1 - 2007/03/31 UR - http://jhr.uwpress.org/content/XLII/2/435.abstract N2 - 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. ER -