Employment effects of minimum wages

The potential benefits of higher minimum wages come from the higher wages for affected workers, some of whom are in 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. Research findings are not unanimous, but evidence from many countries suggests that minimum wages reduce the jobs available to low-skill workers.

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Year of publication:	2014
Authors:	Neumark, David
Published in:	IZA World of Labor. - Institute for the Study of Labor (IZA), ISSN 2054-9571. - 2014, May, izawol.6, p. 1-10
Publisher:	Institute for the Study of Labor (IZA)
Subject:	minimum wages \| employment effects

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; J38 - Public Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010884447