Employment effects of minimum wages

Abstract

The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in poor or low-income families. The potential downside is that a higher minimum wage may discourage employers from using the low-wage, low-skill workers that minimum wages are intended to help. If minimum wages reduce employment of low-skill… (More)

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Citation Velocity: 17

Averaging 17 citations per year over the last 3 years.

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