Employment Effects of Minimum and Subminimum Wages: Reply to Card, Katz and Krueger
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In Neumark and Wascher (1992), we present findings supporting the earlier consensus that minimum wages reduce employment for teens and young adults, with elasticities in the range -0.1 to -0.2. In addition, we find that subminimum wages moderate these disemployment effects. Card, Katz and Krueger
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美国国家经济研究局创建时间：
1993-12-01
