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/.
Share on:
Related News Items
- Testimony before the Hawaii Senate Committee On Judiciary, Senate Committee on Ways and Means on minimum wage increases
- Research and commentary: Evidence shows minimum wage hike would be bad for Missouri
- Should the Feds guarantee you a job?
- Research and commentary: Given Hawaii's economic turmoil, now is the worst time for minimum wage increase
- Research and commentary: New Mexico considers minimum wage hike, despite evidence it would harm small businesses