The minimum wage and annual earnings inequality

We estimate the impact of the minimum wage on U.S. male annual earnings inequality, using administrative Social Security earnings records from 1981–2015. The minimum wage reduces inequality in the bottom quartile of the earnings distribution, and especially in the bottom decile. •We estimate the imp...

Full description

Saved in:
Bibliographic Details
Published in:Economics letters 2021-10, Vol.207, p.110001, Article 110001
Main Authors: Engelhardt, Gary V., Purcell, Patrick J.
Format: Article
Language:English
Subjects:
Earnings
Earnings inequality
Income inequality
Inequality
Minimum wage
Social security
Wage differential
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:We estimate the impact of the minimum wage on U.S. male annual earnings inequality, using administrative Social Security earnings records from 1981–2015. The minimum wage reduces inequality in the bottom quartile of the earnings distribution, and especially in the bottom decile. •We estimate the impact of the minimum wage on U.S. male annual earnings inequality.•We administrative Social Security earnings records from 1981–2015.•The minimum wage reduces inequality in the bottom quartile of the earnings distribution, and especially in the bottom decile.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2021.110001