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Title: Why the Minimum Wage Orthodoxy Reigns Supreme

Citation Type: Journal Article

Publication Year: 2015

Abstract: There has been a growing chorus in favor of a much higher minimum wage. But the ongoing pressure from orthodox economists keeps a lid on just how high the rate can go. Even when new empirical data show that a higher minimum wage does not cost jobs, the orthodoxy remains convinced it will. Why is this? Few examinations are as thorough as the author presents here. It is a tour de force of analysis about why orthodox views that a hike in the minimum wage will be costly to the economy overall remain.

Url: http://www.tandfonline.com/doi/abs/10.1080/01603477.2015.990834#

User Submitted?: No

Authors: Levin-Waldman, Oren M.

Periodical (Full): Challenge

Issue: 1

Volume: 58

Pages: 29-50

Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure, Other

Countries:

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