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Minimum Wage Effects in the Longer Run
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Neumark, David; Nizalova, Olena – Journal of Human Resources, 2007
Exposure to minimum wages at young ages could lead to adverse longer-run effects via decreased labor market experience and tenure, and diminished education and training, while beneficial longer-run effects could arise if minimum wages increase skill acquisition. Evidence suggests that as individuals reach their late 20s, they earn less the longer…
Descriptors: Labor Market, Minimum Wage, Age, Educational Attainment