EPI Research (Page 9)

  • Indexing the Minimum Wage: A Vise on Entry-Level Wages

    April 2009

    Policies that index the minimum wage to inflation are becoming politically popular. Whether enacted through ballot initiatives or added as provisions on traditional minimum wage proposals, advocates have stepped up their efforts in recent years to tie wage hikes to specific economic indicators, such as the Consumer Price Index (CPI). President Barack Obama’s proposals to combat poverty include mandating a $9.50 minimum wage by 2011[…]
  • Minimum Wages and Poverty: Will the Obama Proposal Help the Working Poor?

    October 2008

    As this year’s economic crisis hit everyone’s pocketbooks, some advocates called for another increase in the federal minimum wage. Existing proposals—including presidential candidate Barack Obama’s “poverty” strategy and legislation introduced by Senate leaders late last year—would enact a minimum wage of $9.50 an hour and mandate annual indexing to inflation. Even economists who support minimum wage hikes acknowledge that there is a tipping point at which[…]
  • The Employment and Distributional Effects of Minimum Wage Increases: A Case Study of the State of New York

    September 2008

    In June 2007, New York State Assembly Speaker Sheldon Silver proposed legislation to raise the state minimum wage from $7.15 to $8.25 per hour, and to index it to inflation thereafter. Proponents argue that such minimum wage increases have no negative employment effects (Card and Krueger, 1995; Dube et al., 2008) and will be effective in aiding poor workers,[1] while opponents emphasize the minimum[…]
  • Examining Effects of Minimum Wages on Single Mothers’ Exits from Welfare

    July 2008

    The primary aim of minimum wage policies is to enable individuals and families to achieve economic security and independence without recourse to government assistance (Brown at al. 1982, 1983; Ellwood 1988). Although minimum wage policies aim to raise the living standards of workers, most economic studies based upon standard models of labor demand and supply show that such wage gains are trumped by higher levels[…]
  • Helping Low-wage Americans: The Earned Income Tax Credit

    September 2007

    The unemployment rates for demographic groups such as teens and minorities are consistently in double digits. Millions of potential entry-level employees aren’t even counted in these figures because they have given up hope and stopped looking for work. Yet newspapers all over the country advertise jobs paying $10 an hour or more. Many practically beg for applicants. One test of our employment and antipoverty policies should be whether they are tailored to address this disconnect. The[…]