Minimum Wages and Employment 曹占涛.pptVIP

Minimum Wages and Employment: A Case Study of the Fast-Food Industry inNew Jersey and Pennsylvania David Card and Alan B. Krueger The American Economic Review, Vol. 84, No. 4. (Sep., 1994), pp. 772-793. The main story Question: What is the effect of increasing the minimum wage on employers in low-wage labor markets? Case study: Background : minimum wage rose in New Jersey ,but not in Pennsylvania Confounding factor: national recession Study sample : 410 fast-food restaurants surveyed in NJ and eastern PA before and after the rise Main method : Employme