Why Does the Minimum Wage Have No Discernible Effect on Employment?

John Schmitt

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

Abstract: The employment effect of the minimum wage is one of the most studied topics in all of economics. This report examines the most recent wave of this research – roughly since 2000 – to determine the best current estimates of the impact of increases in the minimum wage on the employment prospects of low-wage workers. The weight of that evidence points to little or no employment response to modest increases in the minimum wage.

Keywords: minimum wage; labor; employment; inequality; poverty (search for similar items in EconPapers)
JEL-codes: D J J2 J3 J31 J38 J6 J8 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2013-02
New Economics Papers: this item is included in nep-hme, nep-lab, nep-lma and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (104)

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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2013-04

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