Introduction -- The history of the minimum wage in the United States -- The effects of minimum wages on employment -- Minimum wage effects on the distribution of wages and earnings -- The effects of minimum wages on the distribution of incomes -- The effects of minimum wages on skills -- The...

A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.

There have been over 80 field experiments on traditional dimensions of discrimination in labor and housing markets since 2000, in 23 countries. These studies nearly always find evidence of discrimination against minorities. However, the estimates of discrimination in these studies can be biased...