·November 27, 2018
Texas A&M University
Raising the minimum wage is broadly viewed as a policy that combats poverty. Most of the focus of the debate over the minimum wage has been on whether raising it leads to job losses, but an overlooked key point is which
workers see their wages rise with an increase in the minimum wage.
The workers who
·August 7, 2017
University of California, Berkeley and Northwestern University
The federal minimum wage is $7.25, well below historical levels in real terms. Many large cities, including Los Angeles, San Francisco, Chicago, and Miami Beach, and seven states have implemented higher minimum wages. Both California and New York State, along with several cities, are scheduled to raise ...
·April 27, 2017
University of California, Berkeley
Democrats in the House and Senate have announced a bill to raise the federal minimum wage gradually from its current $7.25 to $15 by 2024. If inflation averages 2 percent between now and 2024, a $15 minimum wage in 2024 would be worth $12.50 in today’s dollars. This increase would place the federal ...