Interest in behavioral economics has grown in recent years, stimulated largely by accumulating evidence that the standard model of consumer decision making provides an inadequate, positive description of human behavior. Behavioral models are increasingly finding their way into policy evaluation,...

I discuss the sources of the policy disputes surrounding the mini-mum wage, both theoretical and empirical. I focus on recent research, particularly on margins other than the level of employment, and ex-amine the distributional implications of minimum wage increases. I consider the impacts of...