David Neumark, an economist at the University of California-Irvine, could safely be called a minimum-wage skeptic. Neumark has written a number of papers on the topic …. But unlike many researchers, who maintain a laser-like focus on the question of whether minimum wage cuts jobs in the short term, Neumark has examined the policy from many angles. A recent paper of his, along with Grace Lordan of the London School of Economics, looks at how automation responds to minimum-wage increases.

For the full story, please visit https://www.bloomberg.com/view/articles/2017-08-22/higher-minimum-wages-will-give-high-tech-a-boost.

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