4 ms·
> Minimum wage only causes unemployment if the labor market is competitive. Where did you hear that?
by jpttsn 9y ago
> Minimum wage only causes unemployment if the labor market is competitive.
Where did you hear that?
- frgtpsswrdlame 9y agoProbably someplace like this: The employment effect of the minimum wage is one of the most studied topics in all of economics. This report examines the most recent wave of this research – roughly since 2000 – to determine the best current estimates of the impact of increases in the minimum wage on the employment prospects of low-wage workers. The weight of that evidence points to little or no employment response to modest increases in the minimum wage. http://cepr.net/documents/publications/min-wage-2013-02.pdf http://cepr.net/documents/publications/min-wage-2013-02.pdf
- jpttsn 9y agoSome of the same words are indeed found in there