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Economic Analysis of the Florida Minimum Wage Proposal

Author

Listed:
  • Jeannette Wicks-Lim
  • Mark D. Brenner
  • Robert Pollin

Abstract

On the November 2004 ballot, citizens of Florida will have the opportunity to vote on a proposal to raise the statewide minimum wage to $6.15 per hour. The measure also calls for tipped workers getting a raise from the current federal mandate of $2.13 to $3.13. The measure includes an automatic cost-of-living adjustment, by which further raises in the statewide minimum wage would occur automatically at the national inflation rate. If Florida voters approve this measure, Florida will become the 13th state in the country to operate with a minimum wage above the federal minimum. Economic Analysis of the Florida Minimum Wage Proposal analyzes the costs and benefits to businesses and workers as well as the fiscal impact of the proposal.

Suggested Citation

  • Jeannette Wicks-Lim & Mark D. Brenner & Robert Pollin, 2004. "Economic Analysis of the Florida Minimum Wage Proposal," Published Studies ps17, Political Economy Research Institute, University of Massachusetts at Amherst.
    • Handle: RePEc:uma:perips:ps17
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    References listed on IDEAS

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    1. Lawrence Katz & Alan Krueger, 1992. "The Effect of the Minimum Wage on the Fast Food Industry," Working Papers 678, Princeton University, Department of Economics, Industrial Relations Section..
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    7. Alan B. Krueger & David Card, 2000. "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply," American Economic Review, American Economic Association, vol. 90(5), pages 1397-1420, December.
    8. William Wascher & David Neumark, 2000. "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment," American Economic Review, American Economic Association, vol. 90(5), pages 1362-1396, December.
    9. Daniel Aaronson, 2001. "Price Pass-Through And The Minimum Wage," The Review of Economics and Statistics, MIT Press, vol. 83(1), pages 158-169, February.
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    12. Robert Pollin & Mark Brenner, 2000. "Economic Analysis of Santa Monica Living Wage Proposal," Research Reports rr2, Political Economy Research Institute, University of Massachusetts at Amherst.
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    14. Robert Pollin & Mark Brenner & Stephanie Luce, 2002. "Intended versus Unintended Consequences: Evaluating the New Orleans Living Wage Ordinance," Journal of Economic Issues, Taylor & Francis Journals, vol. 36(4), pages 843-875, December.
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    Cited by:

    1. Wang, Qingtao & Chen, Kevin Z. & Chiang, Longwen & Xie, Xuanli, 2016. "How headquarters relocation is affected by rising wages and ownership: Evidence from China's annual survey of industrial enterprises, 1999–2008," IFPRI discussion papers 1593, International Food Policy Research Institute (IFPRI).
    2. Jeannette Wicks-Lim, 2006. "Mandated Wage Floors and the Wage Structure: New Estimates of the Ripple Effects of Minimum Wage Laws," Working Papers wp116, Political Economy Research Institute, University of Massachusetts at Amherst.

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