The Effect of the Minimum Wage on Employment and Unemployment: A Survey
NBER Working Paper No. 846 (Also Reprint No. r0330)
Issued in 1982
NBER Program(s):Labor Studies
In this paper, we survey theoretical models of the effect of the minimum wage and, in somewhat greater detail, evidence of its effect on employment and unemployment. Our discussion of the theory emphasizes recent work using two-sector and heterogeneous-worker models. We then summarize and evaluate the large literature on employment and unemployment effects of the minimum on teenagers. Finally, we survey the evidence of the effect of the minimum wage on adult employment, and on employment in low-wage industries and areas.This paper is available as PDF (997 K) or DjVu (585 K) (Download viewer) or via email
Document Object Identifier (DOI): 10.3386/w0846
Published: Brown, Charles; Gilroy, Curtis; and Kohen, Andrew. "The Effect of the Minimum Wage on Employment and Unemployment." Journal of Economic Literature, Vol. 20, No. 2 (June 1982), pp. 487-528.