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Beyond Labor Market Outcomes
Journal of Human Resources ( IF 5.784 ) Pub Date : 2020-07-09 , DOI: 10.3368/jhr.58.1.0518-9524r2
Cristian Alonso

How eff ective is the minimum wage at raising nondurable household consumption through the redistribution of income towards poor workers? Using novel data on retail sales by county, I exploit variation in the minimum wage rates across states and over time to answer this question. I find that a 10% increase in the minimum wage increases sales by 1.1%. I argue that such a large eff ect is explained by positive spillovers benefi ting the bottom quarter of the labor income distribution. As expected, the expenditure response to minimum wage hikes is stronger in counties where the policy is more binding.

中文翻译:

超越劳动力市场的结果

通过将收入重新分配给贫困工人,最低工资在提高非耐用家庭消费方面的效果如何?使用按县划分的零售额的新数据,我利用各州最低工资率随时间的变化来回答这个问题。我发现最低工资增加 10% 会使销售额增加 1.1%。我认为,如此大的影响是由有益于劳动收入分配底部四分之一的积极溢出来解释的。正如预期的那样,在政策更具约束力的县,对最低工资上涨的支出反应更强。
更新日期:2020-07-09
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