Skip to main content

Table 2 Employment Equations for the Restaurant-and-Bar Sector, 1990–2005, Alternative Detrending Methods

From: On the robustness of minimum wage effects: geographically-disparate trends and job growth equations

 

Post-1993 trends

Peak-to-Peak trends

H-P Filter trends

Log (Minimum wage)

0.001 (0.062)

0.027 (0.071)

−0.042* (0.023)

  1. Notes: See Notes to Table 1. All equations include the same controls as in Table 1. Standard errors are block bootstrapped by state using 500 replications. Post-1993 Trends detrends all observations based on county-specific trends estimated over the 1994–2005 period. Peak-to-Peak Trends detrends all data based on county-specific trends estimated over 1990-Q3 to 2001-Q1. H-P Filter Trends are the filtered series from a county-specific application of a Hodrick-Prescott filter (smoothing parameter = 1600) applied individually to each data series