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Myth and Measurement: The New Economics of the Minimum Wage

David Card, Alan B. Krueger




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 | #527602 in eBooks |  2015-12-22 |  2015-12-22 | File type: PDF

||0 of 0 people found the following review helpful.| Very compelling|By Keith Lock|Very compelling argument disputing that an increase in minimum wage causes job losses. i.e. as the cost goes up demand goes down. Well done.|1 of 2 people found the following review helpful.| A must read|By Customer|A must read for those supporting a minimum wage

E. Ray Canterbery|5 of| |"Our understanding of wage determination has been transformed by an intellectual revolution. . . . Until the Card-Krueger study, most economists, myself included, assumed that raising the minimum wage would have a clear negative effect on employment. But they

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 199...

You easily download any file type for your device.Myth and Measurement: The New Economics of the Minimum Wage   |  David Card, Alan B. Krueger. Just read it with an open mind because none of us really know.

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