During the Progressive period of American history the debate over the minimum wage was often between those who clung to traditional economic theory as a reason for not having a minimum wage and those who saw the efficiency-wage benefits of adopting one. Although the latter argument proved quite...

As much as the minimum wage is an economic issue, it is above all a political one. First, there are the politics surrounding the choice of models. Second, there are the political interests of those who engage in the debate. The choice of methodological models can lead to different ideological...

In 1993 President Clinton expanded the earned income tax credit (EITC), a refundable credit allowed to households with children aimed at reducing the tax burden of employment for the working poor. In this working paper, Levy Institute Research Associate Oren M. Levin-Waldman examines why the...

The change in the composition of Congress resulting from the 1994 election was viewed by some Republicans as a "triumph of conservatism over the perceived abuses of liberalism." In this working paper, Resident Scholar Oren M. Levin-Waldman examines polling data to explore whether the rejection...

Since the financial meltdown of 2007, unemployment has consistently been above 6.0 percent. On one level, long-term unemployment can be accounted for by structural changes. But, on another level, the problem of long-term unemployment is really no more complicated than the absence of effective...