Dropouts Need Not Apply? The Minimum Wage and Skill Upgrading
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.
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Citation
Meer, Jonathan; Kahn, Lisa; Clemens, Jeffrey (2021). Dropouts Need Not Apply? The Minimum Wage and Skill Upgrading. Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library. Available electronically from https : / /hdl .handle .net /1969 .1 /199312.