Minimum Wages and Employment

@article{Neumark2007MinimumWA,
  title={Minimum Wages and Employment},
  author={David Neumark and William L. Wascher},
  journal={Microeconomic Theory eJournal},
  year={2007}
}
We review the burgeoning literature on the employment effects of minimum wages – in the United States and other countries – that was spurred by the new minimum wage research beginning in the early 1990s. Our review indicates that there is a wide range of existing estimates and, accordingly, a lack of consensus about the overall effects on low-wage employment of an increase in the minimum wage. However, the oft-stated assertion that recent research fails to support the traditional view that the… 

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