Journal
BRITISH JOURNAL OF INDUSTRIAL RELATIONS
Volume 47, Issue 2, Pages 406-428Publisher
WILEY-BLACKWELL PUBLISHING, INC
DOI: 10.1111/j.1467-8543.2009.00723.x
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Card and Krueger's meta-analysis of the employment effects of minimum wages challenged existing theory. Unfortunately, their meta-analysis confused publication selection with the absence of a genuine empirical effect. We apply recently developed meta-analysis methods to 64 US minimum-wage studies and corroborate that Card and Krueger's findings were nevertheless correct. The minimum-wage effects literature is contaminated by publication selection bias, which we estimate to be slightly larger than the average reported minimum-wage effect. Once this publication selection is corrected, little or no evidence of a negative association between minimum wages and employment remains.
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