The effects of minimum wages throughout the wage distribution

RePEc Short ID: psc593
ORCID iD: 0000-0003-4625-7138

Neumark, David; Schweitzer, Mark E.; Wascher, William L.

doi:10.26509/frbc-wp-199919

Working Paper

The effects of minimum wages throughout the wage distribution

Abstract: Workers initially earning near the minimum wage are adversely affected by minimum wage increases, while, not surprisingly, higher-wage workers are little affected. Although the pay of low-wage workers increases, their hours and employment decline, and the combined effect of these changes is a decline in earned income.

Keywords: Minimum wage;

https://doi.org/10.26509/frbc-wp-199919