What does the minimum wage do?

1. Minimum wage and the distribution of hourly earnings ; Three labor market models used in new minimum wage research ; An overview of the book

pt. 1. Micro. 2. Employment : Early new minimum wage research ; The new minimum wage research since 2000 ; U.S. studies ; Other developed countries ; The timing of the employment response

3. Hours of employment : U.S. studies ; Other developed countries ; Summing up

4. Meta-analysis : A brief survey of recent prior work ; The data ; Metaregressions, part 1 ; Metaregressions, part 2

5. Wages and earnings : Measuring the effects of the minimum wage ; Wage distribution ; Sectoral and industry studies ; Workers who are bound by the new minimum wage ; Spillover effects

6. Human capital : The logic of individual and firm investment in human capital ; Human capital and the minimum wage ; The effect of the minimum wage on school enrollment: theory and findings ; The minimum wage and employer-supplied training: theory and findings ; The minimum wage and employer-provided benefits: health care and pensions

7. Poverty and inequality : Inequality and the distribution of wages ; The effect of the minimum wage on poverty and economic inequality ; How long do minimum wage earners continue to earn the minimum wage?

pt. 2: Macro. 8. Gross flows in the labor market : Data issues ; Studies of gross flows that lean heavily on specific labor market models ; Studies of gross flows that are agnostic about labor market models ; Discussions of findings on separations and accessions

9. Labor force participation rate, unemployment, and vacancies : Labor force participation ; The unemployment rate ; Unemployment duration ; Vacancies

10. The product market : Prices ; Output ; Profitability

11. A summary of our findings ; What we know with confidence ; Big ideas ; Issues of innovation and craftsmanship ; Intended consequences

Appendix A: Data sources and variables.