How Long to Read Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment

How Long Does it Take to Read Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment?

It takes the average reader and 44 minutes to read Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment by David H. Autor

Assuming a reading speed of 250 words per minute. Learn more

Description

Abstract: We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that appear to bias earlier work: violation of the assumed independence of state wage levels and state wage dispersion, and errors-in-variables that inflate impact estimates via an analogue of the well known division bias problem. We find that erosion of the real minimum wage raises inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than half as large as those reported in the literature and are almost negligible for males. Nevertheless, the estimated effects of the minimum wage on points of the wage distribution extend to wage percentiles where the minimum is nominally non-binding, implying spillovers. We structurally estimate these spillovers and show that their relative importance grows as the nominal minimum wage becomes less binding. Subsequent analysis underscores, however, that spillovers and measurement error (absent spillovers) have similar implications for the effect of the minimum on the shape of the lower tail of the measured wage distribution. With available precision, we cannot reject the hypothesis that estimated spillovers to non-binding percentiles are due to reporting artifacts. Accepting this null, the implied effect of the minimum wage on the actual wage distribution is smaller than the effect of the minimum wage on the measured wage distribution

How long is Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment?

Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment by David H. Autor is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment aloud.

What Reading Level is Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment?

Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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