William Davidson Institute Working Paper 479
Table 4:
Impact of Changes in the Toughness of
the Minimum Wage on Employment
|
Increase in |
Range of Toughness Measure | ||
|
Lowest |
Median |
Highest | |
|
Tot. Emp. |
0.0106 |
0.00346 |
-0.0059 |
|
Cov. Emp. |
0.0127 |
0.00556 |
-0.0038 |
Table 5: Impact of Minimum Wages on the Log of the Number
of Hours Worked
|
Total |
Covered Sector |
Self- | |
|
Toughness |
0.0055 |
0.0064 c |
0.0223 b |
|
(0.0035) |
(0.0035) |
(0.0091) | |
|
(Toughness)2 |
-0.00004 |
-0.000045 c |
-0.00017 b |
|
(0.00003) |
(0.000025) |
(0.000066) | |
|
Time Dummies |
yes |
yes |
yes |
|
Industry Dummies |
yes |
yes |
yes |
|
Constant |
3.503 a |
3.508 a |
2.835 a |
|
(0.132) |
(0.130) |
(0.334) | |
|
Adjusted R2 |
0.80 |
0.80 |
0.79 |
|
No. of Observations |
91 |
91 |
91 |
aSignificant at the 1% level; bsignificant at the 5% level; csignificant
at the 10% level.
15
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