Economics Of America s Minimum Wage Video
Who Does a $15 Minimum Wage Help?Economics Of America s Minimum Wage - for
Article Information Comments 0 Abstract It is hard to find a negative effect on the employment effect of rises in the minimum wage: the elusive employment effect. It is much easier to find an impact on wages. This paper argues the elusive employment effect is unlikely to be solved by better data, methodology, or specification. The reasons for the elusive employment effect are the factors contributing to why the link between higher minimum wages and higher labor costs are weaker than one might think and because imperfect competition is pervasive in the labor market. Citation Manning, Alan. DOI: Economics Of America s Minimum WageInvitation and reminder emails were sent to five hundred and fifty-five US based economists from a list provided by EPI. EPI obtained the list in June from a database of roughly 1, prominent economists from around the world maintained by the Institute for the Study of Labor. One hundred sixty-six completed the survey between September 22 and October 16, The following figures display survey results, the survey instrument can be found in Appendix A. Sign in.
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