Includes bibliographical references (pages 335-357) and index.
Contents
Introduction -- The history of the minimum wage in the United States -- The effects of minimum wages on employment -- Minimum wage effects on the distribution of wages and earnings -- The effects of minimum wages on the distribution of incomes -- The effects of minimum wages on skills -- The effects of minimum wages on prices and profits -- The political economy of minimum wages -- Summary and conclusions.
Note
Print version record.
Summary
This is a comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labour market outcomes, and concludes that the minimum wage is not a good policy tool.