Minimum wage at $15 an hour: Would it help or hurt?
Minimum wage at $15 an hour: Would it help or hurt?
- August 20, 2013
- Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured in the Christian Science Monitor August 20, 2013
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From the Christian Science Monitor:
Economists haven’t reached a consensus on the optimum minimum wage policy. White
House economist Alan Krueger is known as a proponent of the idea that the minimum
can be raised without having adverse effects on employment. But when two other economists,
David Neumark of the University of California, Irvine and William Wascher of the Federal
Reserve Board, surveyed studies that have been done over the past two decades, they
found the evidence weighted toward the view that boosting the minimum wage has at
least modest negative effects on job creation.
For the full story, please visit http://www.csmonitor.com/USA/Politics/2013/0820/Minimum-wage-at-15-an-ho....
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