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Reasons for Supporting the Minimum Wage: Asking Signatories of the "Raise the Minimum Wage" Statement

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  • Daniel B. Klein
  • Stewart Dompe

Abstract

In October 2006, the Economic Policy Institute released a “Raise the Minimum Wage†statement signed by more than 650 individuals. Using an open-ended, non-anonymous questionnaire, we asked the signatories to explain their thinking on the issue. The questionnaire asked about the specific mechanisms at work, possible downsides, and whether the minimum wage violates liberty. Ninety-five participated. This article reports the responses. It also summarizes findings from minimum-wage surveys since 1976.

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Bibliographic Info

Article provided by Econ Journal Watch in its journal Econ Journal Watch.

Volume (Year): 4 (2007)
Issue (Month): 1 (January)
Pages: 125-167

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Handle: RePEc:ejw:journl:v:4:y:2007:i:1:p:125-167

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Keywords: minimum wage; disemployment; non-wage job attributes; questionnaire; survey; liberty; monopsony;

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References

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Cited by:
  1. Zeljka Buturovic & Daniel B. Klein, 2010. "Economic Enlightenment in Relation to College-going, Ideology, and Other Variables: A Zogby Survey of Americans," Econ Journal Watch, Econ Journal Watch, Econ Journal Watch, vol. 7(2), pages 174-196, May.
  2. Strobl, Eric & Walsh, Frank, 2008. "The Ambiguous Effect of Minimum Wages on Workers and Total Hours," IZA Discussion Papers 3643, Institute for the Study of Labor (IZA).
  3. Robert Schuldt & Davis Woodall & Walter E. Block, 2012. "Drowning the poor in excessive wages: the problems of the minimum wage law," Humanomics: The International Journal of Systems and Ethics, Emerald Group Publishing, Emerald Group Publishing, vol. 28(4), pages 258-269, November.

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