Date of Award
Bachelor of Arts
This paper used individual level data to analyze the impacts of an increase in the minimum wage on hours worked and employment. The demographic analyzed was individuals between the ages of 16 and 29 who don’t have a high school degree and live in the United States’ North East. This analysis was disaggregated by gender and found heterogeneous impacts on hours worked and employment. The estimated impacts of the minimum wage for men in the analyzed demographic is a slight reduction in both hours worked and the probability of being employed. The estimated impact of the minimum wage for women in this demographic is a small increase in hours worked and a moderate increase in the probability of being employed. Both the effects on hours worked and the employment effect for men are of small magnitudes that they may better be seen as no effect. Only the employment effect for females has a magnitude that is of economic significance.
McDonnell, Brendon, "The Impact of the Minimum Wage on Employment and Hours Worked for the Young and Low-Educated: An Analysis of the United States’ North East" (2018). Economics Student Theses and Capstone Projects. 72.