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- Effects of Raising Minimum Wage: Theory, Evidence and Future Challenges
Some recent studies explain why the researchers have difficulties to prove the adverse effects of minimum wage raise on unemployment (Addison, Blackburn, Cotti, 2013)
- Disadvantages of Minimum wages - Economics Help
A minimum wage is a legal minimum for workers It means workers are guaranteed a certain hourly wage – helping to reduce relative poverty However, a minimum wage could have potential disadvantages – in particular, there is the risk of creating unemployment as firms cannot afford to employ workers
- Employment Effect of Minimum Wages - MDPI
Results using county pairs showed a non-significant long-term effect of minimum wages, while by using pairs from multi-state commuting zones, the study found large and significant negative effects of minimum wages in the medium and long term
- Effects of Minimum Wage on Unemployment Rates Across the United States
Our paper adds to the existing literature by testing the effect of minimum wage on unemployment across state borders which include the states with a minimum wage higher than the federal level of $7 25
- A Literature Review on the Effects of the Minimum Wage: From Employment to Well-Being
The aim of this chapter is to examine the potential effects of the minimum wage on three strands (jobs and incomes, poverty and inequality, and health and well-being) in the literature while focusing on recent studies to integrate the changes caused by Covid-19
- The effects of the minimum wage on inequality : A literature review
Previous research had suggested that minimum wages may have negative effects on employment, particularly for teenagers, but other studies found no significant impact on employment when comparing ‘before and after’ the implementation of minimum wages
- Employment effects of minimum wages - IZA Institute of Labor Economics
Studies that focus on the least-skilled workers find the strongest evidence that minimum wages reduce jobs Targeted tax credits do a better job of reaching the poor than minimum wages do Low-paying jobs requiring low skills are the jobs most likely to decline with increased minimum wages
- The effects of the minimum wage on inequality - ResearchGate
n reached on the effects of the minimum wage Finally, and taking into account the uncertainties that characterise any long- term forecast, it is observed that although the minimum wage
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