Saturday, September 06, 2014

What You Weren't Told About The Minimum Wage




Sources:
2012 BLS Characteristics of Minimum Wage Workers: http://www.bls.gov/cps/minwage2012.pdf
Food service productivity graph: http://www.minimumwage.com/wp-content...
Christopher Wheeler study: http://research.stlouisfed.org/public...
The race between education and technology: http://www.amazon.com/The-Race-betwee...
Christina Romer on the minimum wage: http://www.nytimes.com/2013/03/03/bus...
Australia minimum wage information: http://www.fairwork.gov.au/pay/nation...
OECD comparative price level data: http://stats.oecd.org/Index.aspx?Data...
Unpaid work report for Australia: http://www.fairwork.gov.au/pay/studen...
Neumark & Wascher (1997): http://www.nber.org/papers/w6127
Vedder & Gallaway (2001): http://www.epionline.org/studies/vedd...
Sabia & Burkhauser (2010): http://www.people.vcu.edu/~lrazzolini...
Sabia & Nielsen (2012): http://epionline.org/studies/120228_E...
Douglas Holtz-Eakin on the minimum wage: http://www.nytimes.com/roomfordebate/...
78.7 percent of minimum wage workers were not in poverty in 2011:http://americanactionforum.org/resear...
Average MW family income over $53k (Heritage): http://www.heritage.org/research/repo...
Average MW family income about $49k (AAF): http://americanactionforum.org/resear...
Three-fifths of minimum wage workers get pay raises within one year:http://epionline.org/studies/macphers...
Only four percent of MW workers are single parents: http://www.heritage.org/research/fact...
James Sherk (Heritage) testimony on MW (includes implicit marginal tax rates):http://www.heritage.org/research/test...
65 percent of adults in poverty do not work: http://www.census.gov/hhes/www/povert...
Minimum wage effect on prices: http://ftp.iza.org/dp1072.pdf
Card & Krueger (1994): http://davidcard.berkeley.edu/papers/...
Dube, Lester, Reich (2010): http://www.irle.berkeley.edu/workingp...
Allegretto, Dube, Reich (2011): http://www.irle.berkeley.edu/workingp...
Neumark & Wascher response to CK (1995): http://www.nber.org/papers/w5224
Neumark, Salas, Wascher response to DLR, ADR (2013): http://www.nber.org/papers/w18681
Antony Davies on minimum wage: http://mercatus.org/publication/unint...
Neumark & Wascher (2006) meta-review of MW research: http://www.nber.org/papers/w12663
Neumark & Nizalova (2004) on long-run MW effects: http://www.nber.org/papers/w10656
Walter Williams on minimum wage effects on black teens: http://www.youtube.com/watch?v=7DS0XX...
Minimum wage associated with black teen unemployment: http://www.nber.org/chapters/c6281http://www.nber.org/papers/w849http://www.epionline.org/study/r103/
Other good links:
Bob Murphy summarizes recent MW research: http://www.econlib.org/library/Column...
Cato summary of minimum wage effects: http://www.downsizinggovernment.org/l...
Coomer & Wessels on larger MW effects for MW-employed teens:http://www.epionline.org/studies/Coom...
Neumark & Wascher international minimum wage study (2003): http://www.federalreserve.gov/pubs/fe...
Neumark & Wascher argue against publication bias (1998): http://www.nber.org/papers/w5631.pdf
Analysis of UChicago MW poll results: http://papers.ssrn.com/sol3/papers.cf...
A 2006 survey of AEA PhD members indicates 46.8% prefer to eliminate minimum wage:http://www.degruyter.com/view/j/ev.20...
EITC already bolsters low-wage workers' incomes:http://economix.blogs.nytimes.com/201...http://www.nytimes.com/2014/01/05/bus...
(P.S. I know the thumbnail of this video has supply and demand confused; the graphic is an embarrassing fail from a Daily Show mockery of Peter Schiff.)

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