Dark Mode
Minimum Wage Policy Impact Data
Data Science and Analytics
Tags and Keywords
Trusted By
"No reviews yet"
Free
About
This collection provides detailed employment data for fast-food restaurants used to estimate the causal effect of an increase in the state minimum wage. The data is adapted from a prominent study by Card and Krueger (1994). It compares employment figures collected in New Jersey and Pennsylvania around April 1, 1992, when New Jersey raised its minimum wage while Pennsylvania’s remained constant. This dataset is designed for analysts studying policy evaluation and quasi-experimental methods.
Columns
The dataset contains three key columns:
- state: Indicates the location of the restaurant (coded as 0 for Pennsylvania and 1 for New Jersey).
- total_emp_feb: The total number of employees reported in each restaurant in February 1992, before the minimum wage change.
- total_emp_nov: The total number of employees reported in each restaurant in November 1992, after the minimum wage change took effect in New Jersey.
Distribution
The data is typically provided in a CSV file format and consists of 3 columns. After processing and removing null values, 384 restaurants are included, representing 384 valid records. All metrics checked show zero missing or mismatched data points. The dataset is static, with an expected update frequency of Never.
Usage
This resource is ideally suited for applying quasi-experimental methodologies such as Propensity Score Matching (PSM) and Difference-in-Differences (DID) using analytical tools like Python and R. It offers a clear case study for estimating causal effects in economics, particularly regarding the impact of legislative changes on the labour market.
Coverage
The data covers fast-food restaurants situated in two US states: New Jersey and Pennsylvania. The scope is temporal, focusing on two specific measurement periods: February 1992 and November 1992. This timeframe brackets the New Jersey state minimum wage rise from $4.25 to $5.05 per hour on April 1, 1992, providing clear pre- and post-treatment observations.
License
CC0: Public Domain
Who Can Use It
The dataset is intended for researchers, advanced students, and economists seeking to:
- Practice and validate econometric techniques like Difference-in-Differences.
- Conduct educational exercises on causal inference.
- Analyse real-world historical policy impacts on employment figures.
Dataset Name Suggestions
- Minimum Wage Policy Impact Data
- Card-Krueger Employment Study Data
- US Fast Food Minimum Wage Effects
- Quasi-Experimental Employment Analysis
Attributes
Original Data Source:Minimum Wage Policy Impact Data
QUALITYLoading...