Minimums and medians - The Dismal Science
Eric Crampton • Jun 27, 2015 •
It's a bit predictable. Whenever there's a hike in the NZ minimum wage, the unions point to Doucouliagos's metastudy that minimum wages in the US have had small (if any) employment effects and to Dube's work also showing little effect in the US. I point to that American minimum wages are less than 40% of the median wage and that … Read More