Abstract
dc:description.abstractThis study analyzes the effect of minimum wage legislation during a period of economic recession. In particular, I examine whether states with minimum wages higher than the federal minimum wage fared better or worse during the recession that began December 2007. Since minimum wages raise the price of labor above market price, firms subject to this additional cost might experience greater adverse effects of the recession. On the other hand, since state minimum wages are often enacted in states with relatively high market wages, the disemployment effects of minimum wage legislation might be negligible. Despite a large increase in minimum wages during this period, no significant disemployment effects were estimated.
Degree
thesis:*- Name thesis:degree_name
- Economics
- Level thesis:degree_level
- Masters
- Discipline thesis:degree_discipline
- Department of Economics
- Year
- 2010
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Burrows, Leila
- Contributors dc:contributor
-
- Binder, Melissa
- Krause, Kate
- Ganderton, Phil
Subjects
dc:subject × 4Rights
- Language dc:language
- English
Identifiers
dc:identifier.*- OAI identifier oai:identifier
- oai:digitalrepository.unm.edu:econ_etds-1039