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The NLS Annotated Bibliography - User Submission Form
LEIGHTON, LINDA S. MINCER, JACOB Effects of Minimum Wages on Human Capital Formation In: Economics of Legal Minimum Wages. S. Rattenberg, ed., Washington DC: American Enterprise Institute for Public Policy Research, 1981 Cohort(s): Young Men ID Number: 1331 Publisher: American Enterprise Institute for Public Policy Research Permission to reprint the abstract has not been received from the publisher. The hypothesis that minimum wages tend to discourage on-the-job training is largely supported by our empirical analysis. Direct effects on reported job training and corollary effects on wage growth as estimated in microdata of the NLS of Young Men and Michigan Income Dynamics (MID) are consistently negative and stronger at lower education levels. Apart from a single exception, no effects are observable among the higher wage group whose education exceeds high school. The effects on job turnover are: a decrease in turnover among young NLS whites, but an increase among young NLS blacks and MID whites. Whether these apparently conflicting findings on turnover reflect a distinction between short and long run adjustments in jobs is a question that requires further testing. PARSONS, DONALD O. Poverty and the Minimum Wage Report, American Enterprise for Public Policy Research, 1980 Cohort(s): Mature Women ID Number: 1899 Publisher: American Enterprise Institute for Public Policy Research Permission to reprint the abstract has not been received from the publisher. This report assesses the minimum wage as a poverty program. The author argues that the minimum wage is largely a reallocation among low-wage demographic groups: adult females as a group are the beneficiaries and teenagers of both sexes are the principal losers. Utilizing data from the NLS of Mature Women, particular attention is paid to the impact of minimum wages on the structure of wage rates and earnings during 1967-1974 (when the real level of minimum wages fell by almost 30 percent) and during 1974-1976 (when the real minimum was raised by 24 percent). The author estimates that wage rates of low-wage adult females were 10 to 20 percent higher in sectors with a minimum wage and were unaffected in the sector with no minimum. Employment reductions, however, limited annual earnings gains to less than $150 per low-wage female. The modest dimension of this gain raises serious question about the efficiency of minimum wages in transferring income to the poor. Search returned 2 items. Search Start: 17:51:25 Search Finish: 17:51:25
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