TY - JOUR AU - Neumark,David AU - Wascher,William TI - Evidence on Employment Effects of Minimum Wages and Subminimum Wage Provisions From Panel Data on State Minimum Wage Laws JF - National Bureau of Economic Research Working Paper Series VL - No. 3859 PY - 1991 Y2 - October 1991 UR - http://www.nber.org/papers/w3859 L1 - http://www.nber.org/papers/w3859.pdf N1 - Author contact info: David Neumark Department of Economics University of California at Irvine 3151 Social Science Plaza Irvine, CA 92697 Tel: 949-824-8496 Fax: 949/824-2182 E-Mail: dneumark@uci.edu William Wascher Federal Reserve Board Stop 66 Washington, DC 20551 Tel: 202/452-2812 Fax: 202/452-5296 E-Mail: william.l.wascher@frb.gov M2 - featured in NBER digest on 1992-04-01 AB - We construct a panel data set on state-level minimum wage laws and economic conditions to reevaluate existing evidence on minimum wage effects on employment, most of which comes from time-series data. Our estimates of the elasticities of teen and young-adult employment-to-population ratios fall primarily in the range -0.1 to -0.2, similar to the consensus range of estimates from time-series studies. We also find evidence that youth subminimum wage provisions enacted by state legislatures have moderated the disemployment effects of minimum wages. ER -