Beyond covering previously sparse treatments of issues such as effects on prices, inflation, profits, and inequality, Neumark and Wascher demonstrate the overwhelming weight and detrimental effects of minimum wages on low-skilled workers. The volume is a must for anyone interested in res
| Title | : | Minimum Wages (MIT Press) |
| Author | : | |
| Rating | : | 4.99 (510 Votes) |
| Asin | : | 0262515083 |
| Format Type | : | Paperback |
| Number of Pages | : | 392Pages |
| Publish Date | : | 2015-1-13 |
| Language | : | English |
Beyond covering previously sparse treatments of issues such as effects on prices, inflation, profits, and inequality, Neumark and Wascher demonstrate the overwhelming weight and detrimental effects of minimum wages on low-skilled workers. The volume is a must for anyone interested in research on labor markets. (Daniel Hamermesh, Centennial Professor of Economics, University of Texas at Austin)Over the past 20 years, the focus of research on the minimum wage has changed from federal to state minimum wages as the key policy variable, and from effects on teen employment to a broader range of outcomes. Minimum Wages combines a very accessible summary of their research with helpful discussions of others' work. (Charles Brown, Professor of Economics, University of Michigan)This is a superb book, notable for both breadth and depth of coverage, on one of the most fundamental topics in economicsSumming Up: Essential. Economics collections, upper-division undergraduate through professional. (Choice) . David Neumark and William Wascher have been important contributors to these innovations
Wascher is Senior Associate Director in the Division of Research and Statistics at the Federal Reserve Board..William L
The United States passed a federal minimum wage law in 1938 and has increased the minimum wage and its coverage at irregular intervals ever since; in addition, as of the beginning of 2008, thirty-two states and the District of Columbia had established a minimum wage higher than the federal level, and numerous other local jurisdictions had in place "living wage" laws. They reduce employment opportunities for less-skilled workers and tend to reduce their earnings; they are not an effective means of reducing poverty; and they appear to have adverse longer-term effects on wages and earnings, in part by reducing the acquisition of human capital. Based on their comprehensive reading of the evidence, Neumark and Wascher argue that minimum wages do not achieve the main goals set forth by their supporters. The authors argue that policymakers should instead look for other tools to raise the wages of low-skill workers and to provide poor families with an acceptable standard of living.. Synthesizing nearly two decades of their own research and reviewing other research that touches on the same questions, Neumark and Wascher discuss the effects of minimum wages on employment and hours, the acquisition of skills, the wage and income distributions, The selction of topics, the breadth of knowledge given, and the flow of the book, are what make it great.. So I tried a few (not all--it will be a while before I can give up all sugar) of her suggestions--namely, ditching meat (not too hard) and dairy products (really hard--adios, butter, cheese, sour cream, ice cream. El primero, "Bonaparte", abarcaba desde su nacimiento hasta la Coronación en 1804, mientras que el segundo, "Napoleón", se ocupaba del resto de su biografía. Computer geek? Bigshot rich guy? Can't say I'm buying either one.Okay, if you've read the book already, I can hear you from here. But it does offer some good tips.. Parts of it will be pretty heavy sledding for those of us not trained in econometrics, because it’s littered with mathematical formulas that not one person in a thousand could understand. To Dr. By incorporating the real-life experiences of a number of successful entrpreneurs, the author clearly illustrates why building a business can be a labor of love and help you grow as a person. Boy does ever! Going to be a while before I forget him. I had no idea that big automakers were not r
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