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Sources:
2012 BLS Characteristics of
Minimum Wage Workers: http://www.bls.gov/cps/minwage2012
.pdf
Food service productivity graph: http://www.minimumwage.com/wp-content/uploads/
2013/03/Productivity-Comparison-Graph
.jpg
Christopher Wheeler study: http://research.stlouisfed.org/publications/review/05/05/Wheeler.pdf
The race between education and technology: http://www.amazon.com/The-Race-between-Education-Technology/dp/0674035305
Christina Romer on the minimum wage: http://www.nytimes.com/2013/03/03/business/the-minimum-wage-employment-and-income-distribution
.html
Australia minimum wage information: http://www.fairwork.gov.au/pay/national-minimum-wage/pages/default
.aspx
OECD comparative price level data: http://stats.oecd.org/
Index.aspx?DataSetCode=
CPL#
Unpaid work report for Australia: http://www.fairwork.gov.au/pay/student-placement-and-unpaid-work/pages/unpaid-work-research-report.aspx
Neumark & Wascher (
1997): http://www.nber.org/papers/w6127
Vedder & Gallaway (
2001): http://www.epionline.org/studies/vedder_06-2001.pdf
Sabia & Burkhauser (
2010): http://www.people.vcu.edu/~lrazzolini/GR2010.pdf
Sabia & Nielsen (2012): http://epionline.org/studies/120228_EPI_CanRaisingtheMinWageReducePovertyandHardship.pdf
Douglas Holtz-Eakin on the minimum wage: http://www.nytimes.com/roomfordebate/2013/12/04/making-low-wages-liveable/raising-minimum-wage-is-misguided-policy
78.7 percent of minimum wage workers were not in poverty in
2011: http://americanactionforum.org/research/primer-minimum-wage-and-combating-poverty
Average MW family income over $53k (
Heritage): http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents
Average MW family income about $49k (
AAF): http://americanactionforum.org/research/primer-earned-income-tax-credit-and-the-minimum-wage?utm_source=homepage&utm;_medium=tile&utm;_campaign=eitc
Three-fifths of minimum wage workers get pay raises within one year: http://epionline.org/studies/macpherson_06-2004.pdf
Only four percent of MW workers are single parents: http://www.heritage.org/research/factsheets/2014/01/facts-about-the-minimum-wage#_edn17
James Sherk (Heritage) testimony on MW (includes implicit marginal tax rates): http://www.heritage.org/research/testimony/2013/06/what-is-minimum-wage-its-history-and-effects-on-the-economy
65 percent of adults in poverty do not work: http://www.census.gov/hhes/www/poverty/data/historical/people.html
Minimum wage effect on prices: http://ftp.iza.org/dp1072.pdf
Card & Krueger (
1994): http://davidcard.berkeley.edu/papers/njmin-aer.pdf
Dube,
Lester,
Reich (2010): http://www.irle.berkeley.edu/workingpapers/157-07.pdf
Allegretto, Dube, Reich (2011): http://www.irle.berkeley.edu/workingpapers/166-08.pdf
Neumark & Wascher response to CK (
1995): http://www.nber.org/papers/w5224
Neumark,
Salas, Wascher response to
DLR,
ADR (2013): http://www.nber.org/papers/w18681
Antony Davies on minimum wage: http://mercatus.org/publication/unintended-consequences-raising-minimum-wage
Neumark & Wascher (
2006) meta-review of MW research: http://www.nber.org/papers/w12663
Neumark & Nizalova (2004) on long-run MW effects: http://www.nber.org/papers/w10656
Walter Williams on minimum wage effects on black teens: http://www.youtube.com/watch?v=7DS0XXFdyfI
Minimum wage associated with black teen unemployment:
http://www.nber.org/chapters/c6281
http://www.nber.org/papers/w849
http://www.epionline.org/study/r103/
Other good links:
Bob Murphy summarizes recent MW research: http://www.econlib.org/library/
Columns/y2014/Murphyminimumwage.html
Cato summary of minimum wage effects: http://www.downsizinggovernment.org/labor/negative-effects-minimum-wage-laws#6
Coomer & Wessels on larger MW effects for MW-employed teens: http://www.epionline.org/studies/Coomer_Wessels_08-2010.pdf
Neumark & Wascher international minimum wage study (
2003): http://www.federalreserve.gov/pubs/feds/2003/200323/200323pap.pdf
Neumark & Wascher argue against publication bias (
1998): http://www.nber.org/papers/w5631.pdf
Analysis of
UChicago MW poll results: http://papers.ssrn.com/sol3/papers
.cfm?abstract_id=2249040
A 2006 survey of
AEA PhD members indicates 46.8% prefer to eliminate minimum wage: http://www.degruyter.com/view/j/ev.2006.3.9/ev.2006.3.9.1156/ev.2006.3.9.1156
.xml
EITC already bolsters low-wage workers' incomes:
http://economix.blogs.nytimes.com/2013/12/09/the-minimum-wage-aint-what-it-used-to-be/
http://www.nytimes.com/2014/01/05/business/help-the-working-poor-but-share-the-burden.html
(
P.S. I know the thumbnail of this video has supply and demand confused; the graphic is an embarrassing fail from a
Daily Show mockery of
Peter Schiff.)
- published: 02 Feb 2014
- views: 95710