Dropouts Need Not Apply? The Minimum Wage and Skill Upgrading
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Date
2021-09-21
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
In the United States, politicians and the public alike have again sounded the call to raise the federal minimum wage, citing unlivable earnings and high consumer prices due to rising inflation, but would an increase actually benefit lower-skilled workers? In this summary of the working paper by Jonathan Meer, the Mary Julia and George R. Jordan, Jr. Professor of Public Policy, along with coauthors Lisa Kahn and Jeffrey Clemens, the authors explore whether minimum wage increases result in substitutions from lower-skilled to higher-skilled labor.
Description
HealthCare
Keywords
Education, dropouts, minimum wage, skill, skills, upgrading, HealthCare