Commentary: The high cost of trying to use the minimum wage as welfare
Commentary: The high cost of trying to use the minimum wage as welfare
- February 18, 2021
- David Neumark, economics, Maine Wire, Feb. 18, 2021
-----
For a January 2021 study, economists David Neumark and Peter Shirley assembled “the entire set of published studies in this literature” and conclude that “there is a clear preponderance of negative estimates,“ and that the evidence is particularly strong for teens, young adults, and the less-educated – exactly the results economic theory would predict.
For the full story, please visit https://www.themainewire.com/2021/02/high-cost-minimum-wage-welfare/.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightRaising the minimum wage actually increases racial disparities
- Careet RightHeadquarters are leaving CA. What does this mean for our economy?
- Careet RightExperts answer: Are headquarters really fleeing California?
- Careet RightHigh-profile companies moving out of California
- Careet RightExempting tips from taxes could hurt employees, critics say