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Myth and Measurement

Name: Myth and Measurement
Brand: Princeton University Press
SKU: 02794343
Price: 31.69 EUR
Availability: InStock
Author: David Card
ISBN: 9780691169125

David Card

Alan B. Krueger

Language

English

Book Paperback

Libristo code: 02794343

Publishers Princeton University Press, December 2015

David Card and Alan B. Krueger have already made national news with their pathbreaking research on t... Full description

Libristo code: 02794343

78 b

31.69 € VAT included

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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 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990-91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs.