Empirical studies of the New Jersey–Pennsylvania minimum wage experiment
E795880
Empirical studies of the New Jersey–Pennsylvania minimum wage experiment are influential research analyses that challenged conventional economic theory by showing that raising the minimum wage did not necessarily reduce employment in fast-food restaurants.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Empirical studies of the New Jersey–Pennsylvania minimum wage experiment canonical | 1 |
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Target entity: Empirical studies of the New Jersey–Pennsylvania minimum wage experiment Context triple: [David Card, notableWork, Empirical studies of the New Jersey–Pennsylvania minimum wage experiment]
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A.
Frisch elasticity of labor supply
The Frisch elasticity of labor supply is an economic measure that captures how responsive individuals’ labor supply is to changes in wages when their expected lifetime wealth is held constant.
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B.
Tasks, Automation, and the Rise in US Wage Inequality
"Tasks, Automation, and the Rise in US Wage Inequality" is an economics research paper analyzing how technological change and the automation of specific job tasks have contributed to growing wage inequality in the United States.
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C.
The Elasticity of Taxable Income: Evidence and Implications
"The Elasticity of Taxable Income: Evidence and Implications" is a highly influential economics paper by Emmanuel Saez that analyzes how taxpayers respond to changes in marginal tax rates and draws policy conclusions for optimal tax design.
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D.
American Economic Journal: Microeconomics
American Economic Journal: Microeconomics is a peer-reviewed academic journal focusing on research in microeconomic theory and applied microeconomics.
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E.
American Economic Journal: Applied Economics
American Economic Journal: Applied Economics is a peer-reviewed academic journal focusing on empirical microeconomic research and real-world policy applications.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Empirical studies of the New Jersey–Pennsylvania minimum wage experiment Target entity description: Empirical studies of the New Jersey–Pennsylvania minimum wage experiment are influential research analyses that challenged conventional economic theory by showing that raising the minimum wage did not necessarily reduce employment in fast-food restaurants.
-
A.
Frisch elasticity of labor supply
The Frisch elasticity of labor supply is an economic measure that captures how responsive individuals’ labor supply is to changes in wages when their expected lifetime wealth is held constant.
-
B.
Tasks, Automation, and the Rise in US Wage Inequality
"Tasks, Automation, and the Rise in US Wage Inequality" is an economics research paper analyzing how technological change and the automation of specific job tasks have contributed to growing wage inequality in the United States.
-
C.
The Elasticity of Taxable Income: Evidence and Implications
"The Elasticity of Taxable Income: Evidence and Implications" is a highly influential economics paper by Emmanuel Saez that analyzes how taxpayers respond to changes in marginal tax rates and draws policy conclusions for optimal tax design.
-
D.
American Economic Journal: Microeconomics
American Economic Journal: Microeconomics is a peer-reviewed academic journal focusing on research in microeconomic theory and applied microeconomics.
-
E.
American Economic Journal: Applied Economics
American Economic Journal: Applied Economics is a peer-reviewed academic journal focusing on empirical microeconomic research and real-world policy applications.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
economic research literature
ⓘ
labor economics study ⓘ minimum wage policy evaluation ⓘ |
| analyzes | employment effects of minimum wage changes ⓘ |
| associatedWith |
Alan B. Krueger
NERFINISHED
ⓘ
David Card NERFINISHED ⓘ |
| challenges | conventional competitive labor market model predictions ⓘ |
| citedIn |
meta-analyses of minimum wage employment effects
ⓘ
policy discussions on federal minimum wage increases in the United States ⓘ |
| comparesWith | Pennsylvania fast-food labor market ⓘ |
| contributesTo |
evidence-based evaluation of labor market policies
ⓘ
rethinking of minimum wage theory ⓘ |
| controversy | sparked debate over data quality and measurement ⓘ |
| criticizedBy |
David Neumark
NERFINISHED
ⓘ
William Wascher NERFINISHED ⓘ |
| dataSource |
survey of fast-food restaurants in New Jersey
ⓘ
survey of fast-food restaurants in Pennsylvania ⓘ |
| examines |
teen and low-wage employment
ⓘ
wage distribution in fast-food sector ⓘ |
| field |
applied microeconometrics
ⓘ
labor economics ⓘ |
| finds |
in some specifications, employment increased in New Jersey relative to Pennsylvania
ⓘ
no evidence of job loss in New Jersey relative to Pennsylvania after the wage increase ⓘ |
| focusesOn | New Jersey minimum wage increase of 1992 ⓘ |
| followUpStudies |
re-analyses using payroll data
ⓘ
replication attempts with alternative datasets ⓘ |
| geographicScope |
New Jersey
NERFINISHED
ⓘ
Pennsylvania NERFINISHED ⓘ |
| implication |
minimum wage effects may be context-dependent
ⓘ
simple competitive model predictions may not hold in all low-wage labor markets ⓘ |
| influenced |
empirical methods in labor economics
ⓘ
policy debates on minimum wage ⓘ subsequent minimum wage research ⓘ |
| methodologicalContribution |
use of matched establishment-level surveys
ⓘ
use of natural experiments in labor economics ⓘ |
| policyContext | New Jersey state minimum wage law change ⓘ |
| providesEvidenceFor | non-negative employment effects of minimum wage increases in some contexts ⓘ |
| publishedIn | American Economic Review NERFINISHED ⓘ |
| recognizedAs |
key example of quasi-experimental design in economics
ⓘ
landmark study in empirical labor economics ⓘ |
| relatedWork | Card and Krueger book "Myth and Measurement" NERFINISHED ⓘ |
| suggests | minimum wage increases do not necessarily reduce employment ⓘ |
| supports | view that labor markets may exhibit monopsonistic features ⓘ |
| timePeriod | early 1990s ⓘ |
| uses |
border-county comparison design
ⓘ
difference-in-differences methodology ⓘ fast-food restaurant data ⓘ |
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Subject: Empirical studies of the New Jersey–Pennsylvania minimum wage experiment Description of subject: Empirical studies of the New Jersey–Pennsylvania minimum wage experiment are influential research analyses that challenged conventional economic theory by showing that raising the minimum wage did not necessarily reduce employment in fast-food restaurants.
Referenced by (1)
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