[PDF] Evidence Against A Higher Minimum Wage eBook

Author : Dale Belman
Publisher : W.E. Upjohn Institute
Page : 489 pages
File Size : 17,54 MB
Release : 2014-07-07
Category : Political Science
ISBN : 0880994568

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Belman and Wolfson perform a meta-analysis on scores of published studies on the effects of the minimum wage to determine its impacts on employment, wages, poverty, and more.

Author : Matt Uhler
Publisher : Greenhaven Publishing LLC
Page : 202 pages
File Size : 39,47 MB
Release : 2017-07-15
Category : Juvenile Nonfiction
ISBN : 1534500839

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With the disappearance of well-paying jobs and the increasing cost of living, it’s becoming more and more difficult to stay afloat in the United States. Workers who earn the minimum wage often can’t afford the most basic needs. In response, more than 100 U.S. cities have issued living wage ordinances, requiring payments that allow workers to afford food, clothing, shelter, utilities, and healthcare. It may seem obvious that everyone wins with a living wage. But does paying out a living wage help or harm the economy? Should corporations be forced to pay them? What is society’s responsibility to its workers?

Author : David Card
Publisher : Princeton University Press
Page : 455 pages
File Size : 41,45 MB
Release : 2015-12-22
Category : Business & Economics
ISBN : 1400880874

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From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990–91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.

Author : Marvin H. Kosters
Publisher : American Enterprise Institute
Page : 142 pages
File Size : 15,57 MB
Release : 1996
Category : Business & Economics
ISBN : 9780844770642

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The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.

Author : David Neumark
Publisher : MIT Press
Page : 389 pages
File Size : 26,60 MB
Release : 2008
Category : Income distribution
ISBN : 0262141027

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A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.