Table 5 The effects of the minimum wage on log restaurant employment, “falsification tests,” county-level QCEW data
From: More on recent evidence on the effects of minimum wages in the United States
Dependent variable: Log (restaurant employment) | ||||||
|---|---|---|---|---|---|---|
DLR estimates | False variation in federal minimum wage | Correct Maryland minimum wage error | ||||
DLR data and estimates: 1990:Q1-2006:Q2 (Table B1, specification 2) | Federal minimum lower by 5 cents (4.20/4.70/5.10 instead of 4.25/4.75/5.15 beginning in 91:Q2/96:Q4/97:Q3) | Federal minimum wage always = $3.35 | Same as column (1), but with corrected Maryland minimum wage | Sample restricted to 1998:Q3-2006:Q2 (period with no federal MW changes), with corrected Maryland minimum wage | Sample restricted to 1998:Q3-2006:Q2, county pairs with minimum wage difference for at least one quarter, with corrected Maryland minimum wage | |
(1) | (2) | (3) | (4) | (5) | (6) | |
Actual MW sample: | ||||||
Log(MW) | −0.208 (0.150) | … | … | −0.114 (0.155) | −0.198** (0.079) | −0.174** (0.085) |
Placebo MW sample: | ||||||
Log(MW) | −0.123 (0.158) | −0.111 (0.157) | −0.099** (0.042) | −0.125 (0.134) | −0.088 (0.062) | 0.035 (0.100) |