新黄金城667733学术报告之王武毅

报告题目：The Heterogeneous Effects of the Minimum Wage on Employment Across States

报告时间：2018年11月16日（星期五）上午10:00-11:00

报告地点：翡翠湖校区科教楼B座1008室

报告人：王武毅助理教授

工作单位：暨南大学

举办单位：新黄金城667733

报告人简介：王武毅，暨南大学经济与社会研究院助理教授、新加坡管理大学经济学博士。王武毅博士先后毕业于浙江大学、武汉大学、新加坡管理大学，研究方向为计量经济理论与应用，论文发表于Journal of Applied Econometrics、Economics Letters等期刊，为Journal of Econometrics、Econometric Reviews、Econometric Theory等期刊匿名审稿人。

报告摘要：This paper studies the relationship between the minimum wage and the employment rate in the US using the framework of a panel structure model. The approach allows the minimum wage, along with some other controls, to have heterogeneous effects on employment across states which are classified into a group structure. The effects on employment are the same within each group but differ across different groups. The number of groups and the group membership of each state are both unknown a priori. The approach employs the C-Lasso technique, a recently developed classification method that consistently estimates group structure and leads to the oracle-efficient estimation of the coefficients. An empirical application of C-Lasso to a US restaurant industry panel over the period 1990-2006 leads to the identification of four separate groups at the state level. The findings reveal substantial heterogeneity in the impact of the minimum wage on employment across groups, with both positive and negative effects and geographical patterns manifesting in the data. The results provide some new perspectives on the prolonged debate on the impact of minimum wage on employment.