When modern minimum wage research began in the 1990s, there were two dominant approaches. One approach, pioneered by [David] Card and [Alan] Krueger, compared border counties in neighboring states, one of which increased the minimum wage and one of which didn’t. The other, used by UC Irvine’s David Neumark and the Fed Board of Governors’ William Wascher, tracked employment in full states over time, to see if employment fell in the wake of a minimum wage increase. The two methodologies tended to get different results: Card and Krueger, of course, found no employment effects, while Neumark and Wascher tended to find substantial job loss following minimum wage increases.

For the full story, please visit https://www.vox.com/future-perfect/2019/11/20/20952151/should-minimum-wage-be-raised.

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