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Synthetic Control Estimation Beyond Comparative Case Studies : Does the Minimum Wage Reduce Employment?

Panel data are often used in empirical work to account for fixed additive time and unit effects. The synthetic control estimator relaxes the assumption of additive fixed effects for comparative case studies in which a treated unit adopts a single policy. This article generalizes the synthetic control estimator to estimate parameters associated with multiple discrete or continuous explanatory variables, jointly estimating the parameters and synthetic controls for each unit. I apply the estimator to study the disemployment effects of the minimum wage, estimating that increases in the minimum wage reduce employment.

Ketersediaan

Informasi Detail

Judul Seri

JOURNAL OF BUSINESS AND ECONOMIC STATISTICS; Vol.40 No.3 July 2022

No. Panggil

-

Penerbit

: .,

Deskripsi Fisik

p. 1302-1314

Bahasa

English

ISBN/ISSN

-

Klasifikasi

NONE

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subjek

MINIMUM WAGE
INTERACTIVE FIXED EFFECTS
FINITE INFERENCE
SYNTHETIC CONTROL ESTIMATION
TEEN EMPLOYMENT

Info Detail Spesifik

https://doi.org/10.1080/07350015.2021.1927743

Pernyataan Tanggungjawab

David Powell

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