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Monday, January 6, 2014

Raising The Minimum Wage Reduces Poverty. University of Massachusetts, Amherst

"One funny part of watching journalists cover the minimum wage debate is that they often have to try and referee cutting-edge econometric debates...But instead of diving into that controversy, let's take a look at where these economists, and all the other researchers investigating the minimum wage, do agree: They all tend to think that raising the minimum wage would reduce poverty. That's the conclusion of a major new paper by [UMass Amherst economist Arin Dube]." Mike Konczal in The Washington Post.



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