Grant

Effects of the new wave of minimum wage policies

Project Summary:

This project will take advantage of the unusually large changes in the statutory minimum wages in eight states and nine cities to analyze wage and employment impacts. There is intense debate over the efficacy of increased minimum wages to address growing income inequality, and this research will provide useful evidence, directly contributing to discussions of how to improve the design of current and future minimum wage policies.

Biography

Michael Reich is Professor of Economics and Chair of the Center on Wage and Employment Dynamics at the Institute for Research on Labor and Employment (IRLE) of the University of California at Berkeley. He served as Director of IRLE from 2004 to 2015. Reich received his Ph.D. in Economics from Harvard. His research publications cover numerous areas of labor economics and political economy, including the economics of racial inequality, the analysis of labor market segmentation, historical stages in U.S. labor markets and social structures of accumulation, high performance workplaces, union-management cooperation, Japanese labor-management systems, living wages and minimum wages.