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The elusive employment effect of the minimum wage

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Elusive-employment-effect-working-paper

Authors:

Alan Manning, Centre for Economic Performance, London School of Economics

Abstract:

There is a huge body of empirical research on the employment effect of the minimum wage that has failed to clearly demonstrate the negative effect that so many economists strongly believe to find. This paper reviews the reasons for this and argues that the literature needs to refocus to further our knowledge on the topic.

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The elusive employment effect of the minimum wage

Authors:

Abstract:

June 7, 2016

AUTHORS:

Topics

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon