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| Author | : William Harrison Smith |
| Publisher | : |
| Total Pages | : 216 |
| Release | : 1962 |
| Genre | : |
| ISBN | : |
| Author | : David Card |
| Publisher | : Princeton University Press |
| Total Pages | : 454 |
| Release | : 2015-12-22 |
| Genre | : Business & Economics |
| ISBN | : 0691169128 |
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 | : David Neumark |
| Publisher | : MIT Press |
| Total Pages | : 389 |
| Release | : 2008 |
| Genre | : Income distribution |
| ISBN | : 0262141027 |
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.
| Author | : Fouad Sabry |
| Publisher | : One Billion Knowledgeable |
| Total Pages | : 316 |
| Release | : 2024-01-21 |
| Genre | : Business & Economics |
| ISBN | : |
What is Minimum Wage A minimum wage is the lowest remuneration that employers can legally pay their employees the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. Minimum wage policies can vary significantly between countries or even within a country, with different regions, sectors, or age groups having their own minimum wage rates. These variations are often influenced by factors such as the cost of living, regional economic conditions, and industry-specific factors. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Minimum wage Chapter 2: Labour economics Chapter 3: Unemployment Chapter 4: Full employment Chapter 5: Phillips curve Chapter 6: Employment Chapter 7: Living wage Chapter 8: Efficiency wage Chapter 9: Frisch elasticity of labor supply Chapter 10: Minimum wage in the United States Chapter 11: Employment protection legislation Chapter 12: Involuntary unemployment Chapter 13: Monopsony Chapter 14: NAIRU Chapter 15: Employment Policies Institute Chapter 16: Alan Manning Chapter 17: Fight for $15 Chapter 18: Minimum Wage Fairness Act Chapter 19: Francis Kramarz Chapter 20: Seattle's minimum wage ordinance Chapter 21: Wage growth (II) Answering the public top questions about minimum wage. (III) Real world examples for the usage of minimum wage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Minimum Wage.
| Author | : Jerold L. Waltman |
| Publisher | : University of Illinois Press |
| Total Pages | : 228 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : 9780252025457 |
The minimum wage as a value of civic republicanism The minimum wage appears to be a standard economic regulatory measure, yet a politics of symbolism more than anything else defines the political contests that periodically erupt over it. Detractors abhor its corruption of market principles, while supporters see it as a measure of society's symbolic commitment to the poor. Tracing the history of the minimum wage and exposing its inherent contradictions as a political issue, Jerold Waltman proposes an alternative to the economic arguments that now dominate debates over it. Citing overwhelming public support for the minimum wage as evidence of an enduring civic consciousness and humanitarianism, Waltman advocates recasting the discussion in terms of a political economy of citizenship. Such a perspective would focus on the communal value of work, the need for citizens to have a stake in the community, and the effects of economic inequality on the bonds of common citizenship. Positioning the minimum wage as a fulcrum for the most basic conflict underlying America's unique combination of democracy and a market economy, The Politics of the Minimum Wage shows how a defense of the minimum wage built on a communal sense of responsibility rests on a strong tradition of civic republicanism and strengthens the hope for a truly democratic society.
| Author | : Marvin H. Kosters |
| Publisher | : American Enterprise Institute |
| Total Pages | : 142 |
| Release | : 1996 |
| Genre | : Business & Economics |
| ISBN | : 9780844770642 |
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 | : United States. Congress. Senate. Committee on Labor and Public Welfare |
| Publisher | : |
| Total Pages | : 40 |
| Release | : 1955 |
| Genre | : Minimum wage |
| ISBN | : |
| Author | : United States. Congress. Joint Economic Committee |
| Publisher | : |
| Total Pages | : 72 |
| Release | : 1996 |
| Genre | : Business & Economics |
| ISBN | : |
| Author | : Simon Rottenberg |
| Publisher | : A E I Press |
| Total Pages | : 560 |
| Release | : 1981 |
| Genre | : Business & Economics |
| ISBN | : |
Papers presented at a conference held at the American Enterprise Institute, Washington, D.C., Nov. 1 and 2, 1979. Includes bibliographies.
| Author | : United States. Minimum Wage Study Commission |
| Publisher | : |
| Total Pages | : 280 |
| Release | : 1981 |
| Genre | : Government publications |
| ISBN | : |
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.,
