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
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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