Minimum Wage (Page 9 )

  • Minimum Wage Effects in the Post-welfare Reform Era

    January 2007 ·  David Neumark · 

    Overview Minimum wage laws remain a subject of considerable debate at all levels of government despite years of research on their costs and benefits. At the national level, there have been frequent proposals in recent years to increase the federal minimum wage. Many states have followed suit, attempting (and sometimes succeeding) to raise their minimum wages above the federal level. At the present time, 21 states and…
  • The Effects of the Proposed Arizona Minimum Wage Increase

    September 2006 ·  David Macpherson - Florida State University · 

    The minimum wage has become a favorite election- year issue at both the state and national levels, with many politicians arguing that a hike is needed to pull hardworking families out of poverty. Unfortunately, raising the minimum wage has unintended consequences, which often hurt the very people the hike was intended to help. Decades of research show that higher mandated wages are associated with job loss among…
  • The Effects of the Proposed Missouri Minimum Wage Increase

    August 2006 ·  David A. Macpherson · 

    In recent years, the movement to increases minimum wage has been active in states across the country. Advocates of these wage hikes argue that the increases will help low-income families escape poverty. While this argument is emotionally compelling, it ignores the unintended consequences that the proposed increase would create—such as job loss among the most vulnerable employees and displacement of low-skilled adults by wealthy teens. Even worse,…
  • Output Prices and the Minimum Wage

    June 2006 ·  Daniel Aaronson, Eric French · 

    Most economists believe that an increase in the minimum wage causes higher prices and lower employment. This belief rests partly on empirical evidence, but also on the view that labor markets are competitive; if markets are competitive, then increases in the minimum wage should both raise prices and reduce employment. However, a number of studies in the last decade have challenged these beliefs. Some of these studies…
  • The Effect of Minimum Wage Increases on Retail and Small Business Employment

    May 2006 ·  Joseph J. Sabia - University of Georgia · 

    Overview A recent study by the Fiscal Policy Institute (FPI) claims that increases in the minimum wage at the state level have had no adverse employment effects. Specifically, the FPI report concludes that states that raised their wage floor above the federal level did not experience declines in small business employment, and, in fact, actually experienced an increase in retail employment. While the FPI study has been…
  • The Effects of the Proposed Ohio Minimum Wage Increase

    March 2006 ·  David A. Macpherson - Florida State University · 

    In recent years, the movement to enact “living wages” or increases in the minimum wage has been active in states and cities across the country. Advocates of these wage hikes argue that the increases will help low-income families escape poverty. Although emotionally compelling, this argument ignores the unintended consequences the proposed increase would create. Worse, the mandated increase confers its benefits overwhelmingly on employees who aren’t poor…