The Short And Long Run Effects Of Minimum Wages On The Distribution Of Earnings

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Minimum Wages

Author : David Neumark,William L. Wascher
Publisher : MIT Press
Page : 389 pages
File Size : 55,7 Mb
Release : 2008
Category : Income distribution
ISBN : 9780262141024

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Minimum Wages by David Neumark,William L. Wascher Pdf

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.

Myth and Measurement

Author : David Card,Alan B. Krueger
Publisher : Princeton University Press
Page : 454 pages
File Size : 48,7 Mb
Release : 2015-12-22
Category : Business & Economics
ISBN : 9780691169125

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Myth and Measurement by David Card,Alan B. Krueger Pdf

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.

Minimum Wages and the Distribution of Income

Author : William R. Johnson,Edgar K. Browning
Publisher : Unknown
Page : 132 pages
File Size : 51,5 Mb
Release : 1980
Category : Minimum wage
ISBN : RUTGERS:390300042314130

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Minimum Wages and the Distribution of Income by William R. Johnson,Edgar K. Browning Pdf

What Does the Minimum Wage Do?

Author : Dale Belman,Paul J. Wolfson
Publisher : W.E. Upjohn Institute
Page : 489 pages
File Size : 49,8 Mb
Release : 2014-07-07
Category : Political Science
ISBN : 9780880994569

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What Does the Minimum Wage Do? by Dale Belman,Paul J. Wolfson Pdf

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.

Report of the Minimum Wage Study Commission: Effects of the minimum wage on the distribution of income

Author : United States. Minimum Wage Study Commission
Publisher : Unknown
Page : 184 pages
File Size : 50,6 Mb
Release : 1981
Category : Government publications
ISBN : UIUC:30112011667984

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Report of the Minimum Wage Study Commission: Effects of the minimum wage on the distribution of income by United States. Minimum Wage Study Commission Pdf

The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence

Author : Mr.Christopher S Adam,Mr.Edward F Buffie
Publisher : International Monetary Fund
Page : 77 pages
File Size : 41,9 Mb
Release : 2020-01-31
Category : Business & Economics
ISBN : 9781513527888

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The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence by Mr.Christopher S Adam,Mr.Edward F Buffie Pdf

We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding stylized facts associated with minimum wage laws in less developed countries.

The Minimum Wage

Author : Deepak Lal
Publisher : Unknown
Page : 46 pages
File Size : 47,9 Mb
Release : 1995
Category : Business & Economics
ISBN : STANFORD:36105016997053

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The Minimum Wage by Deepak Lal Pdf

CONTENTS: Introduction; Poverty Alleviation; Efficiency; Conclusions; Summary.

A Living Wage?

Author : David Edward Card
Publisher : Unknown
Page : 70 pages
File Size : 50,6 Mb
Release : 1994
Category : Income distribution
ISBN : CORNELL:31924069057465

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A Living Wage? by David Edward Card Pdf

The Contribution of the Minimum Wage to U.S. Wage Inequality Over Three Decades

Author : David H. Autor,Alan Manning,Christopher L. Smith
Publisher : Unknown
Page : 0 pages
File Size : 52,5 Mb
Release : 2010
Category : Economics
ISBN : OCLC:1293408667

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The Contribution of the Minimum Wage to U.S. Wage Inequality Over Three Decades by David H. Autor,Alan Manning,Christopher L. Smith Pdf

We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy to address both. We find that the minimum wage reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than half as large as those reported elsewhere and are almost negligible for males. Nevertheless, the estimated effects extend to wage percentiles where the minimum is nominally non-binding, implying spillovers. However, we show that spillovers and measurement error (absent spillovers) have similar implications for the effect of the minimum on the shape of the lower tail of the measured wage distribution. With available precision, we cannot reject the hypothesis that estimated spillovers to non-binding percentiles are due to reporting artifacts. Accepting this null, the implied effect of the minimum wage on the actual wage distribution is smaller than the effect of the minimum wage on the measured wage distribution.

Report of the Minimum Wage Study Commission

Author : United States. Minimum Wage Study Commission
Publisher : Unknown
Page : 524 pages
File Size : 53,8 Mb
Release : 1981
Category : Minimum wage
ISBN : UIUC:30112011667935

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Report of the Minimum Wage Study Commission by United States. Minimum Wage Study Commission Pdf

Report of the Minimum Wage Study Commission: Commission findings and recommendations

Author : United States. Minimum Wage Study Commission
Publisher : Unknown
Page : 282 pages
File Size : 55,7 Mb
Release : 1981
Category : Government publications
ISBN : UOM:39015046807155

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Report of the Minimum Wage Study Commission: Commission findings and recommendations by United States. Minimum Wage Study Commission Pdf

Report of a Commission on social implications, economic implications and political aspects of the minimum wage and overtime requirements of the Fair Labor Standards Act, labour legislation, USA, 1938 - presents research results and recommendations commenting on the impact on employment and unemployment, inflation, minimum wage indexation, income distribution, exemptions, noncompliance, etc. And research papers giving demographic aspects, national level, local level, regional level and sectoral details. Graphs, references and statistical tables.,

Minimum Wages

Author : John M. Peterson
Publisher : American Enterprise Institute Press
Page : 136 pages
File Size : 45,9 Mb
Release : 1981
Category : Business & Economics
ISBN : STANFORD:36105037527178

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Minimum Wages by John M. Peterson Pdf

Monograph on the measurement of minimum wage effects in industrial sectors in the USA - describes new statistical method and demonstrates employment losses for low income categories, especially in retail trades and lowest wage rate manufacturing groups. Graphs and references.

Wage-Led Growth

Author : Engelbert Stockhammer
Publisher : Springer
Page : 329 pages
File Size : 45,6 Mb
Release : 2013-12-03
Category : Business & Economics
ISBN : 9781137357939

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Wage-Led Growth by Engelbert Stockhammer Pdf

This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.