Document Type

Honors Project On-Campus Access Only

Abstract

Although there is much research on the effects of minimum wage increases on workers and low-income families, there is little that investigates how these effects persist or dissipate over time. Using an event-study specification, I investigate how minimum-wage changes affect family incomes at various multiples of poverty, as well as eligibility for and participation in the Supplemental Nutrition Assistance Program (SNAP). I compare the latter effect to that obtained from a state panel regression approach used in previous literature. I find evidence that minimum-wage increases reduce the prevalence of low family income and SNAP participation, but that these effects dissipate by 5 quarters post-increase. At its peak, the effect on SNAP participation is similar in size to that obtained from a state-panel specification.

Share

COinS
 
 

© Copyright is owned by author of this document