Αρχική / Οικονομικά / Myth and Measurement:The New Economics of Minimum Wage

Myth and Measurement:The New Economics of Minimum Wage

ΣΥΓΓΡΑΦΕΙΣ
Τιμή
28,00 €
Διαθέσιμο κατόπιν παραγγελίας
Αποστέλλεται σε 15 - 25 ημέρες. Υπό την προϋπόθεση ύπαρξης αποθέματος στον προμηθευτή.

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.A distinctive feature of Card and Krueger's research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when the minimum wage rises for some workers but not for others. In addition, the authors critically reexamine the previous literature on the minimum wage and find that it, too, lacks support for the claim that a higher minimum wage cuts jobs. Finally, the effects of the minimum wage on family earnings, poverty outcomes, and the stock market valuation of low-wage employers are documented. Overall, this book calls into question the standard model of the labor market that has dominated economists' thinking on the minimum wage. In addition, it will shift the terms of the debate on the minimum wage in Washington and in state legislatures throughout the country.With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage.

Συγγραφείς: Card David, Krueger Alan
Εκδότης: PRINCETON UNIVERSITY PRESS
Σελίδες: 420
ISBN: 9780691169125
Εξώφυλλο: Μαλακό Εξώφυλλο
Αριθμός Έκδοσης: 1
Έτος έκδοσης: 2016

Alan Bennett Krueger (September 17, 1960 – March 16, 2019) was an American economist who was the James Madison Professor of Political Economy at Princeton University and Research Associate at the National Bureau of Economic Research. He served as Assistant Secretary of the Treasury for Economic Policy, nominated by President Barack Obama, from May 2009 to October 2010, when he returned to Princeton. He was nominated in 2011 by Obama as chair of the White House Council of Economic Advisers, and served in that office from November 2011 to August 2013. He was among the 50 highest ranked economists in the world according to Research Papers in Economics.

Σας προτείνουμε

Newsletter

Εγγραφείτε στο newsletter για να λαμβάνετε πρώτοι τις νέες κυκλοφορίες και τις προσφορές μας
Ο λογαριασμός σας