Raising the minimum wage is not win-win
Raising the minimum wage is not win-win
- December 3, 2013
- Research by David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is featured in Economics 21, December 3, 2013
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From Economics 21:
University of California, Irvine professors David Neumark and J.M. Ian Salas and
Federal Reserve Board of Governors economist William Wascher show that raising the
minimum wage will result in fewer jobs for teens and low-skill workers. Their recent
working paper, Revisiting the Minimum Wage-Employment Debate: Throwing Out the Baby
with the Bathwater, was released by the National Bureau of Economic Research this
year.
For the full story, please visit http://www.economics21.org/commentary/raising-minimum-wage-not-win-win?&....
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