Report of the Minimum Wage Study Commission: Effects of the minimum wage on the distribution of income
Author: United States. Minimum Wage Study Commission
Publisher:
Published: 1981
Total Pages: 184
ISBN-13:
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Author: United States. Minimum Wage Study Commission
Publisher:
Published: 1981
Total Pages: 184
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Minimum Wage Study Commission
Publisher:
Published: 1981
Total Pages: 282
ISBN-13:
DOWNLOAD EBOOKReport 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.,
Author: Orley Ashenfelter
Publisher: Elsevier
Published: 2010-12-09
Total Pages: 863
ISBN-13: 0444534504
DOWNLOAD EBOOKA guide to the continually evolving field of labour economics.
Author: United States. Minimum Wage Study Commission
Publisher:
Published: 1981
Total Pages: 562
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Minimum Wage Study Commission
Publisher:
Published: 1981
Total Pages: 272
ISBN-13:
DOWNLOAD EBOOKAuthor: David H. Autor
Publisher: DIANE Publishing
Published: 2010
Total Pages: 67
ISBN-13: 143798018X
DOWNLOAD EBOOKWe reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy to address both. We find that the minimum wage reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than half as large as those reported elsewhere and are almost negligible for males. Nevertheless, the estimated effects extend to wage percentiles where the minimum is nominally non-binding, implying spillovers. However, we show that spillovers and measurement error (absent spillovers) have similar implications for the effect of the minimum on the shape of the lower tail of the measured wage distribution. With available precision, we cannot reject the hypothesis that estimated spillovers to non-binding percentiles are due to reporting artifacts. Accepting this null, the implied effect of the minimum wage on the actual wage distribution is smaller than the effect of the minimum wage on the measured wage distribution.
Author: David Card
Publisher: Princeton University Press
Published: 2015-12-22
Total Pages: 455
ISBN-13: 1400880874
DOWNLOAD EBOOKFrom David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wage 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: INTERNATIONAL LABOUR OFFICE.
Publisher:
Published: 2020-12-02
Total Pages: 0
ISBN-13: 9789220319482
DOWNLOAD EBOOKThis ILO flagship report examines the evolution of real wages around the world, giving a unique picture of wage trends globally and by region. The 2020-21 edition analyses the relationship of minimum wages and inequality, as well as the wage impacts of the COVID-19 crisis. The 2020-21 edition also reviews minimum wage systems across the world and identifies the conditions under which minimum wages can reduce inequality. The report presents comprehensive data on levels of minimum wages, their effectiveness, and the number and characteristics of workers paid at or below the minimum. The report highlights how adequate minimum wages, statutory or negotiated, can play a key role in a human-centred recovery from the crisis
Author: Walter E. Williams
Publisher: Hoover Press
Published: 2013-09-01
Total Pages: 185
ISBN-13: 0817912460
DOWNLOAD EBOOKWalter E. Williams applies an economic analysis to the problems black Americans have faced in the past and still face in the present to show that that free-market resource allocation, as opposed to political allocation, is in the best interests of minorities. He debunks many common labor market myths and reveals how excessive government regulation and the minimum-wage law have imposed incalculable harm on the most disadvantaged members of our society.
Author: David Neumark
Publisher: MIT Press
Published: 2008
Total Pages: 389
ISBN-13: 0262141027
DOWNLOAD EBOOKA 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.