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Minimum Wages Hardcover William L., Neumark, David Wascher VG*

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Estado
En muy buen estado: Libro que se ha leído y que no tiene un aspecto nuevo, pero que está en un ...
Book Title
Minimum Wages Hardcover William L., Neumark, David Wascher
Features
EX-LIBRARY
ISBN
9780262141024

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Product Identifiers

Publisher
MIT Press
ISBN-10
0262141027
ISBN-13
9780262141024
eBay Product ID (ePID)
65978154

Product Key Features

Number of Pages
400 Pages
Language
English
Publication Name
Minimum Wages
Publication Year
2008
Subject
Economic Conditions, Economics / General, Labor
Type
Textbook
Subject Area
Business & Economics
Author
David Neumark, William L. Wascher
Format
Hardcover

Dimensions

Item Height
0.9 in
Item Weight
23.6 Oz
Item Length
9.1 in
Item Width
6.3 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2008-017575
Reviews
"This is a superb book, notable for both breadth and depth of coverage, on one of the most fundamental topics in economics... Summing Up: Essential. Economics collections, upper-division undergraduate through professional." J. P. Jacobsen, Wesleyan University , Choice, This is a superb book, notable for both breadth and depth of coverage, on one of the most fundamental topics in economics...Summing Up: Essential. Economics collections, upper-division undergraduate through professional., "This is a superb book, notable for both breadth and depth of coverage, on one of the most fundamental topics in economics ... Summing Up: Essential. Economics collections, upper-division undergraduate through professional." - J. P. Jacobsen, Wesleyan University, Choice, "This is a superb book, notable for both breadth and depth of coverage, on one of themost fundamental topics in economics... Summing Up: Essential. Economics collections, upper-divisionundergraduate through professional." J. P. Jacobsen, Wesleyan University , Choice
Dewey Edition
22
Grade From
College Graduate Student
Illustrated
Yes
Dewey Decimal
331.2/30973
Synopsis
Minimum wages exist in more than one hundred countries, both industrialized and developing. The United States passed a federal minimum wage law in 1938 and has increased the minimum wage and its coverage at irregular intervals ever since; in addition, as of the beginning of 2008, thirty-two states and the District of Columbia had established a minimum wage higher than the federal level, and numerous other local jurisdictions had in place "living wage" laws. Over the years, the minimum wage has been popular with the public, controversial in the political arena, and the subject of vigorous debate among economists over its costs and benefits. In this book, David Neumark and William Wascher offer a comprehensive overview of the evidence on the economic effects of minimum wages. Synthesizing nearly two decades of their own research and reviewing other research that touches on the same questions, Neumark and Wascher discuss the effects of minimum wages on employment and hours, the acquisition of skills, the wage and income distributions, longer-term labor market outcomes, prices, and the aggregate economy. Arguing that the usual focus on employment effects is too limiting, they present a broader, empirically based inquiry that will better inform policymakers about the costs and benefits of the minimum wage. Based on their comprehensive reading of the evidence, Neumark and Wascher argue that minimum wages do not achieve the main goals set forth by their supporters. They reduce employment opportunities for less-skilled workers and tend to reduce their earnings; they are not an effective means of reducing poverty; and they appear to have adverse longer-term effects on wages and earnings, in part by reducing the acquisition of human capital. The authors argue that policymakers should instead look for other tools to raise the wages of low-skill workers and to provide poor families with an acceptable standard of living., A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.
LC Classification Number
HD4918.N432 2008

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