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Myth and Measurement : The New Economics of the Minimum Wage - Twentieth-Anniversary Edition /
"In Myth and Measurement, David Card and Alan Krueger presented a powerful challenge to the conventional view that higher minimum wages necessarily reduce jobs for low-wage workers. In a work that has profoundly influenced public policy as well as the direction of economic research, the authors...
| Main Authors: | , |
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| Format: | Electronic eBook |
| Language: | Inglés |
| Published: |
Princeton, New Jersey :
Princeton University Press,
[2016]
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| Edition: | Twentieth-anniversary edition. |
| Series: | Book collections on Project MUSE.
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| Subjects: | |
| Online Access: | Texto completo |
| Summary: | "In Myth and Measurement, David Card and Alan Krueger presented a powerful challenge to the conventional view that higher minimum wages necessarily reduce jobs for low-wage workers. In a work that has profoundly influenced public policy as well as the direction of economic research, the authors put standard economic theory to the test, using empirical methods and conducting a critical reexamination of existing literature on the minimum wage. Documenting the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers, they presented a wealth of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage"--Back cover. |
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| Physical Description: | 1 online resource (456 pages): illustrations |
| ISBN: | 9781400880874 |