Simulation methods are used to investigate the cost-effectiveness and poverty-reducing effects of the Fair Minimum Wage Act of 2007 (FMWA). The data set is created by matching and merging the Annual Social and Economic Supplement (March CPS) with the Earner Study files, which contain the best available information on wages, hours, and earnings. Three 70¢ increments in the minimum wage are compared to alternative labor market policies that could have been adopted in lieu of the FMWA. Specifically, the costs of rising minimum wages are compared to the costs of equiproportionate increases in the earned income tax credit (EITC) and equiproportionate reductions in Federal Insurance Contributions Act (FICA)(payroll) taxes of workers in low-incom...
[Excerpt] Increasing the minimum wage would have two principal effects on low-wage workers. Most of ...
The primary goal of a national minimum wage floor is to raise the incomes of poor or near-poor famil...
A proposal on the November 2006 ballot in Missouri would raise the state minimum wage to $6.50 an ho...
Using data drawn from the March Current Population Survey, we find that state and federal minimum wa...
For more than a century, advocates have promoted minimum wage laws to protect workers and their fami...
This paper documents the declining relationship between low hourly wages and low household income ov...
With the recent increase in the Federal minimum wage, it is important to consider the impact of mini...
The principal justification for minimum wage legislation resides in improving the economic condition...
Two of the most important economic policies in the United States, especially for low-income individu...
In the search for effective measures to combat poverty, two government policies have been given much...
The Fair Labor Standards Act (FLSA), enacted in 1938, is the federal legislation that establishes th...
abstract: The purpose of this paper is to explore and minimum wage and whether it serves its purpose...
In this fact sheet, authors Andrew Schaefer, Jessica Carson, Marybeth Mattingly, and Andrew Wink exa...
This paper first documents the decades-long erosion of the link between low wages and low household ...
A proposal to raise the federal minimum wage to $15 by 2024 would increase the relative minimum wage...
[Excerpt] Increasing the minimum wage would have two principal effects on low-wage workers. Most of ...
The primary goal of a national minimum wage floor is to raise the incomes of poor or near-poor famil...
A proposal on the November 2006 ballot in Missouri would raise the state minimum wage to $6.50 an ho...
Using data drawn from the March Current Population Survey, we find that state and federal minimum wa...
For more than a century, advocates have promoted minimum wage laws to protect workers and their fami...
This paper documents the declining relationship between low hourly wages and low household income ov...
With the recent increase in the Federal minimum wage, it is important to consider the impact of mini...
The principal justification for minimum wage legislation resides in improving the economic condition...
Two of the most important economic policies in the United States, especially for low-income individu...
In the search for effective measures to combat poverty, two government policies have been given much...
The Fair Labor Standards Act (FLSA), enacted in 1938, is the federal legislation that establishes th...
abstract: The purpose of this paper is to explore and minimum wage and whether it serves its purpose...
In this fact sheet, authors Andrew Schaefer, Jessica Carson, Marybeth Mattingly, and Andrew Wink exa...
This paper first documents the decades-long erosion of the link between low wages and low household ...
A proposal to raise the federal minimum wage to $15 by 2024 would increase the relative minimum wage...
[Excerpt] Increasing the minimum wage would have two principal effects on low-wage workers. Most of ...
The primary goal of a national minimum wage floor is to raise the incomes of poor or near-poor famil...
A proposal on the November 2006 ballot in Missouri would raise the state minimum wage to $6.50 an ho...