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

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Listed:
  • 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.

Suggested Citation

  • Daniel B. Klein & Stewart Dompe, 2007. "Reasons for Supporting the Minimum Wage: Asking Signatories of the "Raise the Minimum Wage" Statement," Econ Journal Watch, Econ Journal Watch, vol. 4(1), pages 125-167, January.
  • Handle: RePEc:ejw:journl:v:4:y:2007:i:1:p:125-167
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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..
    2. Card, David & Krueger, Alan B, 1994. "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania," American Economic Review, American Economic Association, vol. 84(4), pages 772-793, September.
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    5. Machin, Stephen & Manning, Alan, 1997. "Minimum wages and economic outcomes in Europe," European Economic Review, Elsevier, vol. 41(3-5), pages 733-742, April.
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    8. Author-Name: Alan S. Blinder & Alan B. Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(1), pages 327-397.
    9. Lawrence F. Katz & Alan B. Krueger, 1992. "The Effect of the Minimum Wage on the Fast-Food Industry," ILR Review, Cornell University, ILR School, vol. 46(1), pages 6-21, October.
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    11. Neumark, David & Wascher, William, 1995. "Minimum Wage Effects on Employment and School Enrollment," Journal of Business & Economic Statistics, American Statistical Association, vol. 13(2), pages 199-206, April.
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Robert Whaples, 2009. "The Policy Views of American Economic Association Members: The Results of a New Survey," Econ Journal Watch, Econ Journal Watch, vol. 6(3), pages 337-348, September.
    2. 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, vol. 28(4), pages 258-269, October.
    3. Eric Strobl & Frank Walsh, 2007. "The ambiguous effect of minimum wages on workers and total hours," Working Papers 200714, School of Economics, University College Dublin.
    4. 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, vol. 7(2), pages 174-196, May.

    More about this item

    Keywords

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

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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