Open AccessThe Elusive Employment Effect of the Minimum Wage
Author(s) -
Alan Manning
Publication year - 2021
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.35.1.3
Subject(s) - minimum wage , economics , labour economics , imperfect competition , imperfect , competition (biology) , efficiency wage , wage , microeconomics , ecology , linguistics , philosophy , biology
There is a huge body of empirical research on the employment effect of the minimum wage that has failed to clearly demonstrate the negative effect that so many economists strongly believe to find. This paper reviews the reasons for this and argues that the literature needs to re-focus to further our knowledge on the topic.
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