ERIC Number: EJ746479
Record Type: Journal
Publication Date: 2004
Minimum Wage Effects throughout the Wage Distribution
Neumark, David; Schweitzer, Mark; Wascher, William
Journal of Human Resources, v39 n2 p425-450 Spr 2004
This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income. Not surprisingly, the evidence indicates that low-wage workers are most strongly affected, while higher-wage workers are little affected. Workers who initially earn near the minimum wage experience wage gains. Nevertheless, their hours and employment decline, and the combined effect of these changes on earned income suggests adverse consequences, on net, for low-wage workers.
Descriptors: Minimum Wage, Labor Market, Working Hours, Employment, Wages, Low Income Groups, Economic Impact
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A