Bad Economic Justifications for Minimum Wage Hikes

What is the economic case for increasing the federal minimum wage?To even posit that question sounds odd. Proponents of a higher minimum wage claim that the policy change could alleviate all sorts of economic and social ills. But it's worth assessing, from first principles, the economic arguments advanced for how the minimum wage level should be set

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Year of publication:	2020
Authors:	Bourne, Ryan
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Mindestlohn \| Minimum wage \| Theorie \| Theory

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Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Cato Institute Economic Policy Brief, No. 1, 2019 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 20, 2019 erstellt
Classification:	H00 - Public Economics. General ; H1 - Structure and Scope of Government ; H24 - Personal Income and Other Nonbusiness Taxes and Subsidies ; J3 - Wages, Compensation, and Labor Costs ; J30 - Wages, Compensation, and Labor Costs. General ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; J38 - Public Policy ; J4 - Particular Labor Markets ; J40 - Particular Labor Markets. General ; J48 - Public Policy
Source:	ECONIS - Online Catalogue of the ZBW

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