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
Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter5: Elasticity
Section: Chapter Questions
Problem 40P: Assume that the supply of law-skilled worker is fairly elastic, but the employers demand for such...
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![QUESTION 12
Use Dube (2019) Ch 4 to answer the following.
The MWE does not allow for an adequate comparison between studies because
and groups
may
produce similar estimates for minimum wage elasticities on average.
QUESTION 13
The "own-wage employment elasticity" (OWE) makes minimum wage studies more comparable and is calculated as
OWE = (%A Employment/%A Minimum wage) - (A
/%A
QUESTION 14
The OWE solves the problem of comparability between studies because
O 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 the
average 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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F96037402-1ad2-4929-b933-df3649022d26%2F65bc332e-626c-4fc1-bb5c-f56cf296331e%2Fkaffkp2_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 12
Use Dube (2019) Ch 4 to answer the following.
The MWE does not allow for an adequate comparison between studies because
and groups
may
produce similar estimates for minimum wage elasticities on average.
QUESTION 13
The "own-wage employment elasticity" (OWE) makes minimum wage studies more comparable and is calculated as
OWE = (%A Employment/%A Minimum wage) - (A
/%A
QUESTION 14
The OWE solves the problem of comparability between studies because
O 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 the
average 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 9
Dube (2019) comprehensively reviewed studies that estimated the impact of minimum wage employment. Answer the next few questions using Chapter 4 of
Dube's report
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
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F96037402-1ad2-4929-b933-df3649022d26%2F65bc332e-626c-4fc1-bb5c-f56cf296331e%2Frmmq1d3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 9
Dube (2019) comprehensively reviewed studies that estimated the impact of minimum wage employment. Answer the next few questions using Chapter 4 of
Dube's report
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
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
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