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Minimum Wages and Employment: A Case Study of the

Essay specific features

 

Issue:

Business

 

Written by:

David G

 

Date added:

September 20, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

53 / 14786

 

Was viewed:

6109 times

 

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Essay content:

Using data drawn from payroll records for a set of restaurants initially assembled by Richard Berman of the Employment Policies Institute (EPI) and later supplemented by their own datacollection efforts, Neumark and Wascher (hereafter, NW) conclude that “... the New Jersey minimum-wage increase led to a relative decline in fast-food employment in New Jersey” compared to Pennsylvania...
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the New Jersey minimum-wage increase led to a relative decline in fast-food employment in New Jersey” compared to Pennsylvania.1 They attribute the discrepancies between their findings and ours to problems in our fast-food restaurant data set. Specifically, they argue that our use of employment data derived from telephone surveys, rather than from payroll records, led us to draw faulty inferences about the effect of the New Jersey minimum wage...
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