Significant movements in the debate on the Minimum Wage (1994 - 2019)

Kakkar, Shrey (2021): Significant movements in the debate on the Minimum Wage (1994 - 2019).

Abstract

Abstract: This article discusses studies and past research with considerable impact on political and economist views about the Minimum Wage policy. The article evaluates studies and conclusions to derive that the minimum wage must be implemented at a greater scale to combat income inequality.

• Item Type: MPRA Paper
• Language: English
• Keywords: Minimum Wage, Unemployment, Income Inequality
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity; H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents > H31 - Household; H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents > H32 - Firm; J - Labor and Demographic Economics > J1 - Demographic Economics > J11 - Demographic Trends, Macroeconomic Effects, and Forecasts; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration

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