| | 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) | |
-
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