The Employment and Distributional Impacts of Nationwide Minimum Wage Changes

• 成果类型: Article
• 署名作者: Giupponi, Giulia; Joyce, Robert; Lindner, Attila; Waters, Tom; Wernham, Thomas; Xu, Xiaowei
• 署名单位: Bocconi University; Centre for Economic Policy Research - UK; University of London; University College London; Centre for Economic Policy Research - UK; University of London; University College London
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/728471
• 发表日期: 2024
• 页码: S293-S333
• 关键词: inequality

摘要

We assess the impact of nationwide minimum wages on employment throughout the whole wage distribution by exploiting geographical variation in the level of wages. We find a substantial increase in wages at the bottom of the wage distribution, while we detect a small, statistically insignificant negative effect on employment. Combining the estimated change in the wage distribution with a tax and benefit microsimulation model, we show that the minimum wage generates considerable proportional income gains up to the middle of the household income distribution.