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- Title
What! Another Minimum Wage Study?
- Authors
Eccles, Mary; Freeman, Richard B.
- Abstract
The article presents the result of an economic research on minimum wage issues in the U.S., conducted by the Minimum Wage Study Commission headed by Gerald Feder and former U.S. Representative James O'Hara. On May 24, 1981, the commission issued a 250-page report summarizing its findings and setting forth conclusions and policy recommendations. On the issue of the disemployment effects of the minimum, the vast bulk of the research studies funded by the commission and the American Enterprise Institute show modest/moderate impacts consistent with the professional consensus. While the central chapters of the final report deal with the effects on employment, inflation, and poverty, nearly a third of the discussion--and most of the specific policy recommendations--concern relatively narrow issues of exemptions for particular industries and enforcement matters. Given the absence of the minimum wage from the 1982 legislative agenda, the back-burner treatment of the report by the U.S. Congress does not preclude greater attention to the work in the future. The existence of the Minimum Wage Study Commission may have influenced the policies of the Ronald Reagan Administration on the question of the youth differential, at least indirectly.
- Subjects
UNITED States; MINIMUM wage; FEDER, Gerald; O'HARA, James; EFFECT of wages on unemployment; PRICE inflation; POVERTY; UNITED States. Congress
- Publication
American Economic Review, 1982, Vol 72, Issue 2, p226
- ISSN
0002-8282
- Publication type
Article