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Quantile estimates of counterfactual distribution shifts and the effect of minimum wage increases on the wage distribution
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Stewart, Mark B. (2012) Quantile estimates of counterfactual distribution shifts and the effect of minimum wage increases on the wage distribution. Journal of the Royal Statistical Society: Series A (Statistics in Society) , Vol.175 (No.1). pp. 263-287. doi:10.1111/j.1467-985X.2011.01007.x ISSN 0964-1998.
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Official URL: http://dx.doi.org/10.1111/j.1467-985X.2011.01007.x
Abstract
The paper presents a method for estimating the effects of a policy change on an outcome distribution that uses a comparator quantile rather than a control group and provides methods for estimating the variances of the estimators. The empirical analysis presents estimates of ‘spillover’ effects of increases in the UK minimum wage, i.e. effects on the wages of those who are already above the minimum, under various counterfactual distribution shift assumptions. Evidence is presented against a simple scaled counterfactual. On the basis of the proposed counterfactual estimated spillover effects are small and in most cases do not reach above the fifth percentile.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | Journal of the Royal Statistical Society: Series A (Statistics in Society) | ||||
Publisher: | Forschungsinstitut zur Zukunft der Arbeit | ||||
ISSN: | 0964-1998 | ||||
Official Date: | January 2012 | ||||
Dates: |
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Volume: | Vol.175 | ||||
Number: | No.1 | ||||
Page Range: | pp. 263-287 | ||||
DOI: | 10.1111/j.1467-985X.2011.01007.x | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
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