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The Effect of State Minimum Wage Leg...
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ProQuest Information and Learning Co.
The Effect of State Minimum Wage Legislation on the Labor Supply Decisions of Parents.
紀錄類型:
書目-語言資料,手稿 : Monograph/item
正題名/作者:
The Effect of State Minimum Wage Legislation on the Labor Supply Decisions of Parents./
作者:
Rizik, Sara.
面頁冊數:
1 online resource (76 pages)
附註:
Source: Masters Abstracts International, Volume: 56-04.
Contained By:
Masters Abstracts International56-04(E).
標題:
Public policy. -
電子資源:
click for full text (PQDT)
ISBN:
9781369710540
The Effect of State Minimum Wage Legislation on the Labor Supply Decisions of Parents.
Rizik, Sara.
The Effect of State Minimum Wage Legislation on the Labor Supply Decisions of Parents.
- 1 online resource (76 pages)
Source: Masters Abstracts International, Volume: 56-04.
Thesis (M.P.P.)
Includes bibliographical references
In the face of a rather stagnant federal minimum wage, many states have enacted generous wage levels exceeding the federal standard, while other states have not. Over the years, this distinction has provided favorable circumstances for studying the effects of this policy. The intention of the minimum wage has always been to aid low-income adults, ideally ensuring enough income to afford the bare necessities. Researchers have endeavored to expose whether the policy truly works as originally envisioned. This paper adds to the vast literature by examining the effect of state minimum wage hikes on the labor supply decisions made by parents. Specifically, my research focuses on the intensive margin of labor supply, namely hours of work per week. I use data from the Current Population Survey Outgoing Rotation Group to study this effect. My sample comprises a wide variety of people, and utilizes different model specifications to robustly analyze the demographic of interest: parents. The models include ordinary least squares (OLS), linear probability model (LPM), logit, triple differencing, and Heckman selection correction. The results of this research suggest that there is indeed a negative, but quite small, labor supply effect from boosts to state minimum wages. My analysis also indicates an additional slight negative response for parents compared to non-parents, but with limited statistical significance depending on the model. In some cases, the effect is more robust and statistically significant when considering parents with young children, particularly children under the age of five.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018
Mode of access: World Wide Web
ISBN: 9781369710540Subjects--Topical Terms:
1002398
Public policy.
Index Terms--Genre/Form:
554714
Electronic books.
The Effect of State Minimum Wage Legislation on the Labor Supply Decisions of Parents.
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In the face of a rather stagnant federal minimum wage, many states have enacted generous wage levels exceeding the federal standard, while other states have not. Over the years, this distinction has provided favorable circumstances for studying the effects of this policy. The intention of the minimum wage has always been to aid low-income adults, ideally ensuring enough income to afford the bare necessities. Researchers have endeavored to expose whether the policy truly works as originally envisioned. This paper adds to the vast literature by examining the effect of state minimum wage hikes on the labor supply decisions made by parents. Specifically, my research focuses on the intensive margin of labor supply, namely hours of work per week. I use data from the Current Population Survey Outgoing Rotation Group to study this effect. My sample comprises a wide variety of people, and utilizes different model specifications to robustly analyze the demographic of interest: parents. The models include ordinary least squares (OLS), linear probability model (LPM), logit, triple differencing, and Heckman selection correction. The results of this research suggest that there is indeed a negative, but quite small, labor supply effect from boosts to state minimum wages. My analysis also indicates an additional slight negative response for parents compared to non-parents, but with limited statistical significance depending on the model. In some cases, the effect is more robust and statistically significant when considering parents with young children, particularly children under the age of five.
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