Impact of the 2008 Youth Minimum Wage Reform

Appendix 1

Table 8: Estimated impacts on Quarterly outcomes, 1986-2010 samples
	Wage & Salary Employed	Weekly Hours Worked	Self- Employed	Study	Unem-ployed	Inactive
	(1)	(2)	(3)	(4)	(5)	(6)
A: Controlling for Age-specific seasonal factors
age16_17
2008	0.0119	-0.772	-0.0032	-0.0111	0.0013	0.0033
	(0.019)	(0.601)	(0.003)	(0.017)	(0.008)	(0.010)
2009	-0.0337*	-2.293**	0.0023	0.0113	0.0168*	0.0189
	(0.016)	(0.421)	(0.002)	(0.011)	(0.008)	(0.012)
2010	-0.0552**	-2.146**	0.0002	0.0461**	0.0129	0.0102
	(0.017)	(0.631)	(0.003)	(0.012)	(0.012)	(0.012)
age18_19
2008	0.0400*	-0.0137	-0.0070**	-0.0313*	0.0021	0.0006
	(0.018)	(0.440)	(0.002)	(0.012)	(0.010)	(0.012)
2009	-0.011	-1.342**	0.00076	0.0008	0.0046	0.0089
	(0.015)	(0.444)	(0.003)	(0.013)	(0.009)	(0.012)
2010	0.0057	-2.807**	-0.00095	-0.013	0.0075	0.0099
	(0.019)	(0.699)	(0.003)	(0.015)	(0.014)	(0.009)
R-squared	0.11	0.19	0.01	0.15	0.03	0.07

B: Controlling for Age-specific business cycle factors
age16_17
2008	0.0108	-0.762	-0.0034	-0.0077	-0.0006	0.0012
	(0.018)	(0.564)	(0.003)	(0.017)	(0.008)	(0.010)
2009	-0.0279+	-1.672**	0.0037	-0.0053	0.0261**	0.0285*
	(0.016)	(0.453)	(0.002)	(0.012)	(0.008)	(0.012)
2010	-0.0503**	-1.554*	0.0016	0.0327**	0.0201	0.0175
	(0.017)	(0.653)	(0.003)	(0.013)	(0.012)	(0.012)
age18_19
2008	0.0390*	-0.0696	-0.0072**	-0.0277*	-0.0002	-0.0020
	(0.016)	(0.442)	(0.002)	(0.012)	(0.010)	(0.012)
2009	-0.0074	-0.964*	0.0024	-0.0026	0.0035	0.0068
	(0.015)	(0.479)	(0.003)	(0.013)	(0.009)	(0.013)
2010	0.0109	-2.337**	0.0011	-0.020	0.0081	0.0095
	(0.019)	(0.739)	(0.003)	(0.015)	(0.014)	(0.010)
R-squared	0.11	0.19	0.01	0.15	0.03	0.07
Observations	249,304	125,560	249,304	249,304	249,304	249,304

Table 10: Estimated impacts on Annual outcomes, 2004-2010 samples
	Received	Log (weekly	Log (weekly
	Benefits	earnings)	income)
A: Controlling for age-specific and year-specific factors
age16_17 2008	-0.0273+	0.0264	0.0391
	(0.015)	(0.044)	(0.065)
2009	-0.0302**	-0.142**	-0.0694
	(0.009)	(0.040)	(0.047)
2010	-0.0586**	0.132*	-0.0947+
	(0.015)	(0.056)	(0.056)
age18_19 2008	-0.0345+	-0.0033	0.0556
	(0.018)	(0.039)	(0.065)
2009	-0.0262*	-0.105**	-0.040
	(0.010)	(0.037)	(0.041)
2010	-0.0206*	-0.132**	-0.0103
	(0.009)	(0.049)	(0.041)
R-squared	0.09	0.32	0.29

B: Controlling for age-specific business cycle factors
age16_17 2008	-0.0174	0.0664	0.102+
	(0.016)	(0.058)	(0.057)
2009	0.0483	0.134	0.386*
	(0.059)	(0.250)	(0.169)
2010	0.0643	0.550	0.591*
	(0.091)	(0.384)	(0.263)
age18_19 2008	-0.023	-0.0639	0.0292
	(0.021)	(0.040)	(0.064)
2009	0.0767	-0.497**	-0.118
	(0.087)	(0.153)	(0.234)
2010	0.139	-0.732**	-0.117
	(0.134)	(0.238)	(0.367)
R-squared	0.10	0.32	0.29
Observations	17,065	8,413	17,065

Figure 8: Histograms of Wages between Youth/New Entrant and Adult Minimum Wages, 2007�2010