TY  - RPRT
        AU  - Lee, Wang-Sheng
AU  - Suardi, Sandy
        TI  - Minimum Wages and Employment: Reconsidering the Use of a Time-Series Approach as an Evaluation Tool
        PY  - 2010/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4748
        UR  - https://www.iza.org/index.php/publications/dp4748
        AB  - The time-series approach used in the minimum wage literature essentially aims to estimate a treatment effect of increasing the minimum wage. In this paper, we employ a novel approach based on aggregate time-series data that allows us to determine if minimum wage changes have significant effects on employment. This involves the use of tests for structural breaks as a device for identifying discontinuities in the data which potentially represent treatment effects. In an application based on Australian data, the tentative conclusion is that the introduction of minimum wage legislation in Australia in 1997 and subsequent minimum wage increases appear not to have had any significant negative employment effects for teenagers.
        KW  - teenage employment
KW  - structural break
KW  - minimum wage
        ER  -