Publication Date

1-1-2014

DOI

10.17848/9780880994583

Abstract

This book attempts to make sense of the research on the minimum wage that began in the early 1990s. The authors look at who is affected by the minimum wage, both directly and indirectly; which observable, measurable variables (e.g., wages, employment, school enrollment) the minimum wage influences; how long it takes for the variables to respond to the minimum wage and the size and desirability of the effect; why the minimum wage has the results it does (and not others); and the workers most likely to be affected by changes to the minimum wage.

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Contents

1. Introduction

Part 1: Micro

2. Employment
3. Hours of Employment
4. Meta-Analysis
5. Wages and Earnings
6. Human Capital
7. Poverty and Inequality

Part 2: Macro

8. Gross Flows in the Labor Market
9. Labor Force Participation Rate, Unemployment, and Vacancies
10. The Product Market
11. Conclusion

ISBN

9780880994576 (cloth) ; 9780880994569 (pbk.)

Subject Areas

LABOR MARKET ISSUES; Wages, health insurance and other benefits; Minimum wage

What Does the Minimum Wage Do?

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Citation

Belman, Dale and Paul J. Wolfson. 2014. What Does the Minimum Wage Do? Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9780880994583

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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.