Heterogeneous Impact of the Minimum Wage: Implications for Changes in Between- and Within-Group Inequality

@article{Oka2021HeterogeneousIO,
  title={Heterogeneous Impact of the Minimum Wage: Implications for Changes in Between- and Within-Group Inequality},
  author={Tatsushi Oka and Ken Yamada},
  journal={PSN: Labor (Topic)},
  year={2021}
}
Workers who earn at or below the minimum wage in the United States are mostly either less educated, young, or female. Little is known, however, concerning the extent to which the minimum wage influences wage differentials among workers with different observed characteristics and among workers with the same observed characteristics. This paper shows that changes in the real value of the minimum wage over recent decades have affected the relationship of hourly wages with education, experience… 
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