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The Effect of the Minimum Wage When It Really Bites: A Reexamination of the Evidence from Puerto Rico

Year: 1994

Type: report

Abstract: This paper reinvestigates the evidence on the impact of the minimum wage on employment in Puerto Rico.The strongest evidence that the minimum wage had a negative effect on employment comes from an aggregate time series analysis.The weakest evidence comes from cross-industry analyses.The main finding of the paper, however, is that the statistical evidence of a negative employment effect of the minimum wage in Puerto Rico is surprisingly fragile.

Source: National Bureau of Economic Research

DOI: 10.3386/w4757

Author: Alan Krueger

Institution: Princeton University

Language: English

Topic: Labor market dynamics and wage inequality

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, No poverty, Reduced inequalities

Open Access status: green

OpenAlex ID: W1589914970

Cites: 13

Cited by: 43

Related to: 10