Minimum Wages (The MIT Press)
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Minimum Wages (The MIT Press)
Book Details:
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Author: David Neumark
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Publisher: MIT Press
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Edition: Reprint
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Binding Type: Paperback
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Number of Pages: 392
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Release Date: 10-09-2010
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ISBN: 9780262515085
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EAN: 9780262515085
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Language: English
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Dimensions: 9.0 x 6.0 x 1.0 inches
About The Book:
The Minimum Wage: A Comprehensive Review by David Neumark and William Wascher presents an extensive analysis of the economic impacts of minimum wage policies. Through a thorough examination of nearly two decades of research, this book investigates the effects of minimum wages on employment, wages, skill acquisition, income distribution, and long-term labor market outcomes.
Covering both industrialized and developing nations, the book argues that the minimum wage, though popular, is not an effective policy tool for achieving its intended goals. Neumark and Wascher provide compelling evidence showing that minimum wage increases often reduce employment opportunities for less-skilled workers, hinder wage growth, and have adverse long-term effects on the acquisition of human capital.
This reprint edition synthesizes decades of data and offers a balanced, evidence-based perspective that will be invaluable to policymakers, economists, and anyone interested in labor economics and public policy.
