Econ 101 no longer explains the job market
Econ 101 no longer explains the job market
- April 5, 2018
- David Neumark, economics, via Bloomberg, April 5, 2018
-----
The battle over the effects of minimum wages has been one of the most protracted and bitter fights in the history of empirical economics. Some researchers, such as David Neumark of the University of California-Irvine, continue to insist that pay floors kill jobs, and a few studies find negative effects.
For the full story, please visit https://www.bloomberg.com/view/articles/2018-04-05/supply-and-demand-does-a-poor-job-of-explaining-depressed-wages.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightEconomists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
- Careet RightThe 'living wage' attack on jobs and prosperity
- Careet RightWhat to know about Oklahoma's proposed minimum wage increase
- Careet RightEconomists have found an answer to slowing cognitive decline: avoid retiring early, study finds
- Careet RightReopening the minimum wage debate