Author : Oren M. Levin-Waldman
Release : 2001-01-25
Genre : Political Science
Kind : eBook
Book Rating : 196/5 ( reviews)
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Book Synopsis The Case of the Minimum Wage by : Oren M. Levin-Waldman
Download or read book The Case of the Minimum Wage written by Oren M. Levin-Waldman. This book was released on 2001-01-25. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the historical evolution of minimum-wage policy and explains how models are used (and misused) by different interests to achieve their particular aims. Minimum-wage policy was initially legitimated as a broader labor-market policy aimed at achieving greater productivity and labor-market stability. As organized labor has declined as a political force in the last twenty years, the nature of the debate has metamorphized into a narrowly focused and often highly technical discussion concerned with specific effects of given specific increases in the minimum wage, such as either relieving poverty or the so-called adverse effects on youth unemployment. This change has coincided with the greatest stagnation of the minimum wage.
