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Table 3 Employment Equations for the Restaurant-and-Bar Sector 1990–2014, Various Detrending Methods

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

  

Order of Polynomial

 

No trends

1st

2nd

3rd

4th

5th

Log (Minimum wage)

−0.067 (0.042)

−0.043* (0.023)

−0.015 (0.019)

−0.018 (0.016)

−0.027 (0.020)

−0.008 (0.015)

  

Post-1993 Trends

Peak-to-Peak Trends

H-P Filter Trends

Peak-to-Peak, 2000-2015

 

Log (Minimum wage)

 

−0.044 (0.034)

0.057 (0.115)

−0.014 (0.011)

0.073 (0.130)

 
  1. Notes: All specifications include the same controls (and approaches to calculating standard errors) as in Tables 1 and 2. The “Peak-to-Peak, 2000-2015” results use the same period to estimate the linear trends at the county level as in the “peak-to-peak trends” results, but only uses data after this period to then estimate the employment equation using detrended data. The sample size is based on a panel of 1,552 counties. Total observations are 155,200 in all equations except the “Peak-to-Peak, 2000–2015” estimation, where the total observations are 85,360