David Neumark, an economist at the University of California-Irvine, could safely be called a minimum-wage skeptic . Neumark has written a number of papers on the topic , all of which have found that minimum wages reduce employment by substantial amounts. This makes him a bit of an outlier in terms of the overall research consensus , which tends to find modest or no employment effects.
But unlike many researchers, who maintain a laser-like focus on the question of whether minimum wage cuts jobs in the short term, Neumark has examined the policy from many angles. A recent paper of […]
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