"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 impl…
"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 impl…
Within a formal framework, Christian Ragacs develops unconventional implications of minimum wages. He analyzes employment, output and growth effects, while taking into account that household involuntarily become unemployed. In this case, transactions differ from notional supply …
