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Myth and Measurement

Myth and Measurement Law

Myth and Measurement

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Description
David Card and Alan B. Krueger have already made national news with their pathbreaking research on the minimum wage. Here they present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. In a work that has important implications for public policy as well as for the direction of economic research, the authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990-91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs.
Product details
Binding:
Paperback
Edition:
20
Number of Pages:
454
Release Date:
2015-12-22
Publication Date:
2015-12-22
Publisher:
Princeton University Press
Languages:
Original: English
ISBN10:
0691169128
ISBN13:
9780691169125
Weight:
612 g
Height:
149 cm
Width:
228 cm
Thickness:
30 cm
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