The Contribution of the minimal Wage to U.S. Wage Inequality all over Three Decades: A Reassessment
David Autor, Alan Manning, and Christopher L. Smith
2010-60
NOTE: Sta? working papers in the Finance and Economics Discussion Series (FEDS) are preliminary materials circulated to stimulate reciprocation and critical comment. The analysis and conclusions set forth are those of the authors and do not indicate concurrence by other members of the enquiry sta? or the Board of Governors. References in publications to the Finance and Economics Discussion Series (other than acknowledgement) should be cleared with the author(s) to protect the tentative genius of these papers.
The Contribution of the Minimum Wage to U.S. Wage Inequality  over Three Decades: A Reassessment* David Autor MIT Department of Economics and NBER Alan Manning capital of the United Kingdom School of Economics Christopher L. Smith Federal Reserve Board of Governors  November 2010  We reassess the effect of severalize and federal nominal contend on U.S.
 earnings inequality, attending to two issues that appear to preconceived opinion earlier work: violation of the assumed independence of state lease levels and state wage dispersion, and errors?in?variables that inflate invasion estimates via an analogue of the well known division bias problem.  We take a chance that erosion of the real minimum wage raises inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than fractional as large as those reported in the writings and are almost negligible for males.  Nevertheless, the estimated effects of the minimum wage on points of the wage distribution extend to wage percentiles where the minimum is nominally non?binding, implying spillovers.  We structurally estimate these ...If you want to get a full essay, order it on our website: Ordercustompaper.com
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