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Author : Sidney Webb
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (1 download)
Download or read book The Economic Theory of a Legal Minimum Wage written by Sidney Webb and published by . This book was released on 1912 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Card
Publisher : Princeton University Press
ISBN 13 : 0691169128
Total Pages : 454 pages
Book Rating : 4.6/5 (911 download)
Download or read book Myth and Measurement written by David Card and published by Princeton University Press. This book was released on 2015-12-22 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : Sidney Webb
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (54 download)
Download or read book The Economic Theory of a Legal Minimum Wage ... Reprinted for Private Circulation from the Journal of Political Economy, Vol. XX. written by Sidney Webb and published by . This book was released on 1912 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : André Müller
Publisher : GRIN Verlag
ISBN 13 : 3346222772
Total Pages : 32 pages
Book Rating : 4.3/5 (462 download)
Download or read book Evaluating Minimum Wage Laws written by André Müller and published by GRIN Verlag. This book was released on 2020-08-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Business economics - Economic Policy, grade: 1,7, SRH - Mobile University, language: English, abstract: The present paper aims at evaluating minimum wage laws. In order to reflect the topic, two countries – Germany and the United Kingdom –, which have already introduced minimum wages, are chosen as examples. Furthermore, the paper examines minimum wages from the perspective of two different economic theories on government intervention by introducing the neoclassical and the Keynesian approach. It investigates the observed actual impact and effectiveness of minimum wage legislation against the presented market theories as well as against the objectives and expectations raised by the legislation. Finally, the student paper gives a recommendation whether the introduction of minimum wages is actually worthwhile or not. The paper starts with a definition of the problem and introduces objectives as well as current relevance of the topic. Subsequently, the theoretical background is reflected. This includes the definition of the term minimum wage as well as presenting the neoclassical and the Keynesian economic theory. Chapter two finally ends with a short summary. Afterwards, the paper continues with Chapter three, which describes the minimum wage concepts of Germany and the United Kingdom. Therefore, the implementation track records explain the history, structure and the scope of the different minimum wage concepts. The critical discussion in chapter four finally evaluates the observed actual impact and effectiveness of minimum wages against the economic theories. Furthermore, it reflects the expectations and objectives which are raised by the government. The paper concludes with a summary and an outlook.
Author : John O'Grady
Publisher : Legare Street Press
ISBN 13 : 9781022110649
Total Pages : 0 pages
Book Rating : 4.1/5 (16 download)
Download or read book A Legal Minimum Wage written by John O'Grady and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this thought-provoking book, John O'Grady makes a compelling case for a legal minimum wage. Drawing on both economic theory and real-life examples, this book will change the way readers think about fair wages and income inequality. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author : Egbert Ray Nichols
Publisher :
ISBN 13 : 9781258295349
Total Pages : 460 pages
Book Rating : 4.2/5 (953 download)
Download or read book Selected Articles on Minimum Wages and Maximum Hours written by Egbert Ray Nichols and published by . This book was released on 2012-04-01 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Additional Contributors Are Barbara N. Grimes, C. G. Haines, F. B. Sayre, And Many Others.
Download or read book Selected Articles on Minimum Wage written by and published by . This book was released on 1913 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Roy Lemon Smith
Publisher :
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (339 download)
Download or read book The Minimum Wage Tested by Economic Theory written by Roy Lemon Smith and published by . This book was released on 1915 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Peter Schmidt
Publisher : GRIN Verlag
ISBN 13 : 3640263618
Total Pages : 37 pages
Book Rating : 4.6/5 (42 download)
Download or read book Minimum Wages and Employment - Theory and Empirical Evidence with a special emphasis on Germany written by Peter Schmidt and published by GRIN Verlag. This book was released on 2009-02-10 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2008 in the subject Business economics - Economic Policy, grade: 1,0 (A), University of Wisconsin-Milwaukee (Department of Economics), course: Labor Economics II, language: English, abstract: One of the most important issues that was in the center of the political debate in Germany in the last few months is the introduction of minimum wages. It was caused by the politically forced imposition of a minimum wage in the sector for postal services which, in the view of many experts, provides a competitive advantage for the major postal service company “Deutsche Post World Net”1 compared to its competitors. Then it happened that the “PIN – Group AG” one of the most important domestic competitors of the “Deutsche Post World Net” was threatened by insolvency as its largest shareholder the publisher “Axel Springer AG” was no longer willing to invest money in the “PIN - Group AG”. Additionally, many newspapers published by Axel Springer AG wrote articles against the imposition of a minimum wage for many weeks and published many interviews with economic experts warning about the negative effects of a minimum wage on the overall German labor market. Furthermore, political considerations, e.g. by the secretary of labor, to introduce a federal minimum wage in Germany even caused the chairmen of the eight leading economic research institutes in Germany to publish a letter in the newspaper “Das Handelsblatt”2 where they advise politicians against the introduction of a federal minimum wage if (large) employment losses should be avoided. On the other hand, a few other researchers, experts and politicians like the “IAB”3 as a specific labor market research institute believe that minimum wages even could create jobs and must not necessarily destroy them. This paper is motivated by this ongoing debate between economists and policymakers in the whole world. That is why in the first part of the paper the major theoretical framework which is used by economists to analyze and empirically assess the impacts of minimum wages on employment should be presented.
Author : E. G. West
Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (483 download)
Download or read book Towards a Comprehensive Economic Theory of Minimum Wage Laws written by E. G. West and published by . This book was released on 1972 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tomas Jirasek
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659472237
Total Pages : 100 pages
Book Rating : 4.4/5 (722 download)
Download or read book Economists and the Minimum Wage Laws written by Tomas Jirasek and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Minimum wage laws are a favorite textbook example of how policy may grossly deviate from economic theory and economists' prescriptions. After all, their opposition to it is traditionally one of the most consensual issues among policy recommendations. Most economists would agree that while imposing minimum wage may be a product of good intentions (at least sometimes), it ends up affecting adversely precisely those whom it is supposed to help. The book covers this narrow stream of intellectual history in economics, tracing down the development of economists' attitude towards this kind of legislation within the last century. It shows how economists' resistance and protestations against it on the one hand, or their lukewarm embrace of it on the other, determined how popular their theories were in political circles.
Author : E. G. (Edwin George) West
Publisher : [Cambridge, Ont.] : Collier-Macmillan Canada, [1973] C1972.
ISBN 13 : 9780029903407
Total Pages : 13 pages
Book Rating : 4.9/5 (34 download)
Download or read book Toward a Comprehensive Economic Theory of Minimum-wage Laws written by E. G. (Edwin George) West and published by [Cambridge, Ont.] : Collier-Macmillan Canada, [1973] C1972.. This book was released on 1973 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frank Robert Varon
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (561 download)
Download or read book The Economic Theory of the Minimum Wage and the Fair Labor Standards Act written by Frank Robert Varon and published by . This book was released on 1943 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : George Gorham Groat
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.A/5 ( download)
Download or read book Economic Wage and Legal Wage written by George Gorham Groat and published by . This book was released on 1924 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Edward Card
Publisher :
ISBN 13 : 9780691043906
Total Pages : 422 pages
Book Rating : 4.0/5 (439 download)
Download or read book Myth and Measurement written by David Edward Card and published by . This book was released on 1995 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. A distinctive feature of their research is the use of empirical methods borrowed from the natural sciences, including comparisons between the "treatment" and "control" groups formed when minimum wage rises for some workers but not for others. Line drawings.
Author : Henry Ludwell Moore
Publisher :
ISBN 13 :
Total Pages : 218 pages
Book Rating : 4.X/5 ( download)
Download or read book Laws of Wages written by Henry Ludwell Moore and published by . This book was released on 1911 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Rolf
Publisher :
ISBN 13 : 9781620971130
Total Pages : 328 pages
Book Rating : 4.9/5 (711 download)
Download or read book The Fight for Fifteen written by David Rolf and published by . This book was released on 2016 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fight for a higher minimum wage has become the biggest national labor story in decades. Beginning in November 2012, strikes by fast food workers spread across the country, landing in Seattle in May 2013. Within a year, Seattle had adopted a $15 minimum wage--the highest in the United States--without a bloody political battle. Combining history, economics, and commonsense political wisdom, The Fight for Fifteen makes a deeply informed case for a national $15/hour minimum wage as the only practical solution to reversing America's decades-long slide toward becoming a low-wage nation. Drawing both on new scholarship and on his extensive practical experiences organizing workers and grappling with inequality across the United States, David Rolf, president of SEIU 775--which waged the successful Seattle campaign--offers an accessible explanation of "middle out" economics, an emerging popular economic theory that suggests that the origins of prosperity in capitalist economies lie with workers and consumers, not investors and employers. A blueprint for a different and hopeful American future, The Fight for Fifteen offers concrete tools, ideas, and inspiration for anyone interested in real change in our lifetimes.
