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Myth and measurement : the new economics of the minimum wage

Author: David E Card; Alan B Krueger
Publisher: Princeton, N.J. : Princeton University Press, ©1995.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
"David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: David E Card; Alan B Krueger
ISBN: 0691048231 9780691048239 0691043906 9780691043906
OCLC Number: 31374050
Description: x, 422 pages : illustrations ; 24 cm
Contents: Introduction and overview --
Employer responses to the minimum wage: evidence fom the fast --
food industry --
Statewide evidence on the effect of the 1988 California minimum wage --
The effect of the federal minimum wage on low --
wage workers: evidence from cross --
state comparisons --
Additional employment outcomes --
Evaluation of time --
series evidence --
Evaluation of cross --
section and panel --
data evidence --
International evidence --
How the minimum wage affects the distribution of wages, the ditribution of family earnings, and poverty --
How much so employers and shareholders lose? --
Is there a explanation? Alternative models of the labor market and the minimum wage --
Conclusions and implications.
Responsibility: David Card and Alan B. Krueger.

Abstract:

Presents a challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. This work puts standard economic theory to the test, using data from various episodes  Read more...

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"The Card-Krueger work is essentially correct: the minimum wage at levels observed in the United States has had little or no effect on employment. At the minimum, the book has changed the burden of Read more...

 
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