wow-inequalities/02-data/intermediate/wos_sample/4e813a832eb78d4b26395f47c975acea-derenoncourt-ellora/info.yaml

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2023-09-28 14:46:10 +00:00
abstract: 'The earnings difference between white and black workers fell
dramatically in the United States in the late 1960s and early 1970s.
This article shows that the expansion of the minimum wage played a
critical role in this decline. The 1966 Fair Labor Standards Act
extended federal minimum wage coverage to agriculture, restaurants,
nursing homes, and other services that were previously uncovered and
where nearly a third of black workers were employed. We digitize over
1,000 hourly wage distributions from Bureau of Labor Statistics industry
wage reports and use CPS microdata to investigate the effects of this
reform on wages, employment, and racial inequality. Using a
cross-industry difference-in-differences design, we show that earnings
rose sharply for workers in the newly covered industries. The impact was
nearly twice as large for black workers as for white workers. Within
treated industries, the racial gap adjusted for observables fell from 25
log points prereform to 0 afterward. We can rule out significant
disemployment effects for black workers. Using a bunching design, we
find no aggregate effect of the reform on employment. The 1967 extension
of the minimum wage can explain more than 20\% of the reduction in the
racial earnings and income gap during the civil rights era. Our findings
shed new light on the dynamics of labor market inequality in the United
States and suggest that minimum wage policy can play a critical role in
reducing racial economic disparities.'
affiliation: 'Derenoncourt, E (Corresponding Author), Univ Calif Berkeley, Berkeley,
CA 94720 USA.
Derenoncourt, Ellora; Montialoux, Claire, Univ Calif Berkeley, Berkeley, CA 94720
USA.'
author: Derenoncourt, Ellora and Montialoux, Claire
author_list:
- family: Derenoncourt
given: Ellora
- family: Montialoux
given: Claire
da: '2023-09-28'
doi: 10.1093/qje/qjaa031
eissn: 1531-4650
files: []
issn: 0033-5533
journal: QUARTERLY JOURNAL OF ECONOMICS
keywords-plus: 'LABOR STANDARDS ACT; ECONOMIC-STATUS; MARKET; IMPACT; EARNINGS; GENDER;
TRENDS; POLICY'
language: English
month: FEB
number: '1'
number-of-cited-references: '72'
pages: 169-228
papis_id: ebf0423b2c49aa10a266112c404f29e8
ref: Derenoncourt2021minimumwages
times-cited: '33'
title: MINIMUM WAGES AND RACIAL INEQUALITY
2023-10-01 08:15:07 +00:00
type: article
2023-09-28 14:46:10 +00:00
unique-id: WOS:000612198000004
usage-count-last-180-days: '12'
usage-count-since-2013: '69'
volume: '136'
web-of-science-categories: Economics
year: '2021'