Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity

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Standard

Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity. / Kreiner, Claus Thustrup; Reck, Daniel; Ebbesen Skov, Peer.

I: Review of Economics and Statistics, Bind 102, Nr. 2, 01.05.2020, s. 339-354.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Kreiner, CT, Reck, D & Ebbesen Skov, P 2020, 'Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity', Review of Economics and Statistics, bind 102, nr. 2, s. 339-354. https://doi.org/10.1162/rest_a_00825

APA

Kreiner, C. T., Reck, D., & Ebbesen Skov, P. (2020). Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity. Review of Economics and Statistics, 102(2), 339-354. https://doi.org/10.1162/rest_a_00825

Vancouver

Kreiner CT, Reck D, Ebbesen Skov P. Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity. Review of Economics and Statistics. 2020 maj 1;102(2):339-354. https://doi.org/10.1162/rest_a_00825

Author

Kreiner, Claus Thustrup ; Reck, Daniel ; Ebbesen Skov, Peer. / Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity. I: Review of Economics and Statistics. 2020 ; Bind 102, Nr. 2. s. 339-354.

Bibtex

@article{3b89c87694bd4df5b2674d4ed4616d5b,
title = "Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity",
abstract = "We estimate the impact of youth minimum wages on youth employment by exploiting a large discontinuity in Danish minimum wage rules at age 18, using monthly payroll records for the Danish population. The hourly wage jumps by 40% at the discontinuity. Employment falls by 33%, and total input of hours decreases by 45%, leaving the aggregate wage payment almost unchanged. We show theoretically how the discontinuity may be exploited to evaluate policy changes. The relevant elasticity for evaluating the effect on youth employment of changes in their minimum wage is in the range 0.6 to 1.1.",
author = "Kreiner, {Claus Thustrup} and Daniel Reck and {Ebbesen Skov}, Peer",
year = "2020",
month = may,
day = "1",
doi = "10.1162/rest_a_00825",
language = "English",
volume = "102",
pages = "339--354",
journal = "Review of Economics and Statistics",
issn = "0034-6535",
publisher = "MIT Press",
number = "2",

}

RIS

TY - JOUR

T1 - Do lower minimum wages for young workers raise their employment? Evidence from a danish discontinuity

AU - Kreiner, Claus Thustrup

AU - Reck, Daniel

AU - Ebbesen Skov, Peer

PY - 2020/5/1

Y1 - 2020/5/1

N2 - We estimate the impact of youth minimum wages on youth employment by exploiting a large discontinuity in Danish minimum wage rules at age 18, using monthly payroll records for the Danish population. The hourly wage jumps by 40% at the discontinuity. Employment falls by 33%, and total input of hours decreases by 45%, leaving the aggregate wage payment almost unchanged. We show theoretically how the discontinuity may be exploited to evaluate policy changes. The relevant elasticity for evaluating the effect on youth employment of changes in their minimum wage is in the range 0.6 to 1.1.

AB - We estimate the impact of youth minimum wages on youth employment by exploiting a large discontinuity in Danish minimum wage rules at age 18, using monthly payroll records for the Danish population. The hourly wage jumps by 40% at the discontinuity. Employment falls by 33%, and total input of hours decreases by 45%, leaving the aggregate wage payment almost unchanged. We show theoretically how the discontinuity may be exploited to evaluate policy changes. The relevant elasticity for evaluating the effect on youth employment of changes in their minimum wage is in the range 0.6 to 1.1.

U2 - 10.1162/rest_a_00825

DO - 10.1162/rest_a_00825

M3 - Journal article

AN - SCOPUS:85085179815

VL - 102

SP - 339

EP - 354

JO - Review of Economics and Statistics

JF - Review of Economics and Statistics

SN - 0034-6535

IS - 2

ER -

ID: 248600949