Post
Topic
Board Economics
Re: Minimum wage.
by
username18333
on 21/08/2015, 18:04:51 UTC
Notice that I did not say "all studies"? Thanks for those 6 examples. Here's a lot more of them over the past 50 years:

http://www.jec.senate.gov/public/_cache/files/c876c468-ffca-47ed-9468-7193d734bde9/50-years-of-research-on-the-minimum-wage---february-15-1995.pdf


Quote from: Joint Economic Committee Republicans, "50 Years of Research on the Minimum Wage," 1995
While it is not yet clear why Card, Katz and Krueger got the results that they did, it is clear that their findings are directly contrary to virtually every empirical study ever done on the minimum wage. These studies were exhaustively surveyed by the Minimum Wage Study Commission, which concluded that a 10% increase in the minimum wage reduced teenage employment by 1% to 3%.
(Colorization mine.)

Why, then, does it not preclude the research cited by other posters (prior this post)?