QUESTION 12Use Dube (2019) Ch 4 to answer the following.The MWE does not allow for an adequate comparison between studies becauseand groupsmayproduce similar estimates for minimum wage elasticities on average.QUESTION 13The "own-wage employment elasticity" (OWE) makes minimum wage studies more comparable and is calculated asOWE = (%A Employment/%A Minimum wage) - (A/%AQUESTION 14The OWE solves the problem of comparability between studies becauseO It can reflect both how generally the minimum wage is binding, as well as the use of a group for whokm the minimum wage is more binding than it is for theaverage population.It standardizes the size of the overall population and the size of the population to which minimum wages applied before the change ip policy.It reflects both how big the increase in minimum wages is as well as how it compares to the wages of the rest of the population QUESTION 9Dube (2019) comprehensively reviewed studies that estimated the impact of minimum wage employment. Answer the next few questions using Chapter 4 ofDube's reportOne way to assess the validity of a counterfactual parallel trend is by testing the effects of the treatment on outcomes unrelated to the treatment.O TrueO FalseQUESTION 10Minimum Wage Employment Elasticity is defined as:- %AThis measures the responsiveness ofto a change inQUESTION 11Use Dube (2019) Ch. 4 to answer the following:The range of estimates for minimum wage employment elasticity (MWE) were derived fromelasticity estimates fromstudies The median MWE was around

Evidence on minimum wage research: impact on incomes and employment

One way to assess the validity of a counterfactual parallel trend is by testing the effects of the treatment on outcomes unrelated to the treatment, O True O False QUESTION 10 Minimum Wage Employment Elasticity is defined as: %A - %A This measures the responsiveness of to a change in QUESTION 11 Use Dube (2019) Ch. 4 to answer the following The range of estimates for minimum wage employment elasticity (MWE) were derived from elasticity estimates from studies The median MWE was around

One way to assess the validity of a counterfactual parallel trend is by testing the effects of the treatment on outcomes unrelated to the treatment, O True O False QUESTION 10 Minimum Wage Employment Elasticity is defined as: %A - %A This measures the responsiveness of to a change in QUESTION 11 Use Dube (2019) Ch. 4 to answer the following The range of estimates for minimum wage employment elasticity (MWE) were derived from elasticity estimates from studies The median MWE was around

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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