Why Does the Minimum Wage Have No Discernible Effect on Employment?

The employment effect of the minimum wage is one of the most studied topics in all of economics. This report examines the most recent wave of this research – roughly since 2000 – to determine the best current estimates of the impact of increases in the minimum wage on the employment prospects of low-wage workers. The weight of that evidence points to little or no employment response to modest increases in the minimum wage.

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Year of publication:	2013-02
Authors:	Schmitt, John
Institutions:	Center for Economic and Policy Research (CEPR)
Subject:	minimum wage \| labor \| employment \| inequality \| poverty

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Extent:	application/pdf
Series:	CEPR Reports and Issue Briefs.
Type of publication:	Book / Working Paper
Notes:	30 pages
Classification:	J - Labor and Demographic Economics ; J2 - Time Allocation; Work Behavior; Employment Determination and Creation ; J3 - Wages, Compensation, and Labor Costs ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; J38 - Public Policy ; J6 - Mobility, Unemployment, and Vacancies ; J8 - Labor Standards: National and International ; D - Microeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010610401