Table 4 The effects of the minimum wage on teen (16–19) employment, CPS data at state-by-quarter level, 1990 – 2011:Q2
From: More on recent evidence on the effects of minimum wages in the United States
Dependent variable: Log (employment/population) | |||
|---|---|---|---|
State and quarter fixed effects | + state-specific linear trends and division-quarter dummies | + state-specific linear trends only | |
(1) | (2) | (3) | |
A. Full sample, original specification (N = 4,386) | |||
Log(MW) | -.165*** (.041) | .009 (.058) | -.074 (.078) |
B. Include state- and spell-specific recession dummy variables | |||
Log(MW) | -.169*** (.042) | .013 (.061) | -.065 (.080) |
C. Leave out recessions (N = 3,672) | |||
Log(MW) | -.166*** (.041) | .026 (.061) | -.060 (.074) |
D. Leave out 1990–1993, 1998–2011 (N = 2,754) | |||
Log(MW) | -.148** (.060) | … | -.229** (.095) |