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Dropouts Need Not Apply? The Minimum Wage and Skill Upgrading / Jeffrey Clemens, Lisa B. Kahn, Jonathan Meer.
- Format:
- Book
- Author/Creator:
- Clemens, Jeffrey.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w27090.
- NBER working paper series no. w27090
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- We explore whether minimum wage increases result in substitution from lower-skilled to slightly higher-skilled labor. Using 2011-2016 American Community Survey data (ACS), we show that workers employed in low-wage occupations are older and more likely to have a high school diploma following recent statutory minimum wage increases. To better understand the role of firms, we examine the Burning Glass vacancy data. We find increases in a high school diploma requirement following minimum wage hikes, consistent with our ACS evidence on stocks of employed workers. We see substantial adjustments to requirements both within and across firms.
- Notes:
- Print version record
- May 2020.
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