The machinations behind Michigan's minimum-wage hike
The machinations behind Michigan's minimum-wage hike
- May 30, 2014
- Research by David Neumark, economics Chancellor's Professor, is featured in The Wall Street Journal May 30, 2014
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From The Wall Street Journal:
A comprehensive review of scholarship in 2006-07 by economists David Neumark of the
University of California, Irvine and William Wascher of the Federal Reserve found
that 85% of "the most credible evidence" shows that wage mandates affect job seekers
negatively. Their findings were later expanded on in their 2010 book "Minimum Wages,"
published by MIT Press.
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