Month: January 2014

In January 2014, a funny thing seems to have happened. Parts (though not all) of the econoblogosphere forgot why time series econometrics fell out of favor in the early 1990s when it comes to analyzing minimum wage policies.  Besides the fact that there is a lot more variation in minimum wages than just the federal (or…

In a recent post, Tyler Cowen discusses my recent paper on minimum wages and poverty. Cowen acknowledges that “[my] paper, econometrically speaking, is a clear advance over [a 2010 paper by] Sabia and Burkhauser.”  However, he is more persuaded by “facts” such as simulation results from Sabia and Burkhuaser’s paper that claims “[o]nly 11.3% of…

Excerpted from Section 2 of my paper:  Minimum Wages and the Distribution of Family Incomes. Key sections are in bold. Alterations (but not deletions) from the paper are marked in square brackets [ ]. In this [post], I review the key papers on the topic of minimum wages and [poverty] based on U.S. data, and…