What Does The Minimum Wage Do

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What Does the Minimum Wage Do?

Author : Dale Belman,Paul J. Wolfson
Publisher : W.E. Upjohn Institute
Page : 489 pages
File Size : 41,6 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.

What Does the Minimum Wage Do?

Author : Dale Belman,Paul J. Wolfson
Publisher : Unknown
Page : 0 pages
File Size : 47,8 Mb
Release : 2014
Category : Minimum wage
ISBN : 0880994576

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

This book looks at which observable, measurable variables (e.g., wages, employment, school enrollment) the minimum wage influences; how long it takes for the variables to respond to the minimum wage and the size and desirability of the effect; why the minimum wage has the results it does (and not others); and the workers most likely to be affected by changes to the minimum wage. The emphasis is on studies that analyze data from the United States, but also touch on studies of data from other countries.

Myth and Measurement

Author : David Card,Alan B. Krueger
Publisher : Princeton University Press
Page : 454 pages
File Size : 42,6 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

Author : David Neumark,William L. Wascher
Publisher : MIT Press
Page : 389 pages
File Size : 46,9 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.

The Effects of the Minimum Wage on Employment

Author : Marvin H. Kosters
Publisher : American Enterprise Institute
Page : 142 pages
File Size : 49,8 Mb
Release : 1996
Category : Business & Economics
ISBN : 0844770647

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The Effects of the Minimum Wage on Employment by Marvin H. Kosters Pdf

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.

The Right to a Living Wage

Author : Matt Uhler
Publisher : Greenhaven Publishing LLC
Page : 202 pages
File Size : 41,7 Mb
Release : 2017-07-15
Category : Juvenile Nonfiction
ISBN : 9781534500839

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The Right to a Living Wage by Matt Uhler Pdf

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?

Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ...

Author : United States. Wage and Hour and Public Contracts Divisions
Publisher : Unknown
Page : 28 pages
File Size : 51,9 Mb
Release : 1963
Category : Electronic
ISBN : HARVARD:32044032098436

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Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ... by United States. Wage and Hour and Public Contracts Divisions Pdf

The Fundamentals of Minimum Wage Fixing

Author : François Eyraud,Catherine Saget
Publisher : International Labour Organization
Page : 154 pages
File Size : 49,8 Mb
Release : 2005
Category : Business & Economics
ISBN : 9221170144

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The Fundamentals of Minimum Wage Fixing by François Eyraud,Catherine Saget Pdf

This manual draws on the ILO's comprehensive database containing the principal legal provisions and minimum wage fixing mechanisms in 100 countries. The minimum wage has had a long and turbulent history, and this study sheds light on its intricacies by providing a thorough overview of the institutions and practices in different countries. It outlines the main topics for debate concerning the effects of minimum wages on major social and economic variables such as employment, wage inequality, and poverty. The book considers the various procedures countries use for implementation, including the criteria employed to fix the minimum wage, and how they are linked to specific country objectives. It then measures the efficiency of the minimum wage, and focuses on its impact on employment as a major political issue. For the benefit of non-specialists, the validity of econometric models and their results are examined.

Minimum Wage Fixing

Author : Gerald Frank Starr
Publisher : International Labour Organization
Page : 220 pages
File Size : 54,5 Mb
Release : 1981
Category : Business & Economics
ISBN : 922102511X

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Minimum Wage Fixing by Gerald Frank Starr Pdf

Minimum Wage Regimes

Author : Irene Dingeldey,Damian Grimshaw,Thorsten Schulten
Publisher : Routledge
Page : 304 pages
File Size : 51,5 Mb
Release : 2021-06-28
Category : Political Science
ISBN : 9780429688362

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Minimum Wage Regimes by Irene Dingeldey,Damian Grimshaw,Thorsten Schulten Pdf

This book goes beyond traditional minimum wage research to investigate the interplay between different country and sectoral institutional settings and actors’ strategies in the field of minimum wage policies. It asks which strategies and motives, namely free collective bargaining, fair pay and/or minimum income protection, are emphasised by social actors with respect to the regulation and adaptation of (statutory) minimum wages. Taking an actor-centered institutionalist approach, and employing cross-country comparative studies, sector studies and single country accounts of change, the book relates institutional and labour market settings, actors’ strategies and power resources with policy and practice outcomes. Looking at the key pay equity indicators of low wage development and women’s over-representation among the low paid, it illuminates our understandings about the importance of historical junctures, specific constellations of social actors, and sector- and country-specific actor strategies. Finally, it underlines the important role of social dialogue in shaping an effective minimum wage policy. This book will be of key interest to scholars, students and policy-makers and practitioners in industrial relations, international human resource management, labour studies, labour market policy, inequality studies, trade union studies, European politics and political economy.

Making Work Pay

Author : Jared Bernstein,John Schmitt
Publisher : Unknown
Page : 68 pages
File Size : 50,5 Mb
Release : 1998
Category : Business & Economics
ISBN : CORNELL:31924078723115

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Making Work Pay by Jared Bernstein,John Schmitt Pdf

Examines the impact of the 1996-97 increase in the minimum wage on the employment opportunities, wages, and incomes of law-wage workers and their households.

Do Minimum Wages in Latin America and the Caribbean Matter?

Author : Nicolai Kristensen,Wendy L. Cunningham
Publisher : World Bank Publications
Page : 49 pages
File Size : 49,9 Mb
Release : 2006
Category : Income distribution
ISBN : 8210379456XXX

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Do Minimum Wages in Latin America and the Caribbean Matter? by Nicolai Kristensen,Wendy L. Cunningham Pdf

"Despite the existence of minimum wage legislation in most Latin American countries, there is little empirical evidence demonstrating its impact on the distribution of wages. In this study the authors analyze cross-country data for 19 Latin American and Caribbean (LAC) countries to gain an understanding of if and how minimum wages affect wage distributions in LAC countries. Although there is no single minimum wage institution in the LAC region, the authors find regional trends. Minimum wages affect the wage distribution in both the formal and, especially, the informal sector, both at the minimum wage and at multiples of the minimum. The minimum does not uniformly benefit low-wage workers: in countries where the minimum wage is relatively low compared to mean wages, the minimum wage affects the more disadvantaged segments of the labor force, namely informal sector workers, women, young and older workers, and the low skilled, but in countries where the minimum wage is relatively high compared to the wage distribution, it primarily affects wages of the high skilled. This indicates that the minimum does not generally lift the wages of all, but instead, it offers a wage into which employers can "lock in" wages that are already near that level. Thus, minimum wage legislation is more far-reaching than originally thought, affecting both the uncovered informal sector and those earning above the minimum. In addition, the relative level of the minimum wage is important for determining whose wages are affected. "--World Bank web site.

Wage-Led Growth

Author : Engelbert Stockhammer
Publisher : Springer
Page : 329 pages
File Size : 44,7 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.

Myth and Measurement

Author : David Edward Card,Alan B. Krueger
Publisher : Unknown
Page : 422 pages
File Size : 49,7 Mb
Release : 1995
Category : Business & Economics
ISBN : 0691043906

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

The authors present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. A distinctive feature of their research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when minimum wage rises for some workers but not for others. Line drawings.

Critical Perspectives on the Minimum Wage

Author : Anne C. Cunningham
Publisher : Enslow Publishing, LLC
Page : 178 pages
File Size : 51,8 Mb
Release : 2016-07-15
Category : Juvenile Nonfiction
ISBN : 9780766076754

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Critical Perspectives on the Minimum Wage by Anne C. Cunningham Pdf

Perspectives on minimum wage have changed significantly over the past twenty years, as seen in the increased momentum of movements around the country to increase workers' salaries. Critics of an increased minimum wage argue that it will lead to mass lay-offs and increased unemployment. Proponents argue the opposite, that it will jump start our economy. In this book, economists, the media, the courts, and even ordinary people will weigh in on this contentious issue, allowing students to evaluate the minimum wage from all sides.