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

  • Daniel B. Klein
  • Stewart Dompe

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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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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  1. 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.
  2. DiNardo, John & Fortin, Nicole M & Lemieux, Thomas, 1996. "Labor Market Institutions and the Distribution of Wages, 1973-1992: A Semiparametric Approach," Econometrica, Econometric Society, vol. 64(5), pages 1001-1044, September.
  3. David Card & Alan B. Krueger, 1993. "Minimum Wages and Employment: A Case Study of the Fast Food Industry in New Jersey and Pennsylvania," NBER Working Papers 4509, National Bureau of Economic Research, Inc.
  4. David Neumark & Wendy Cunningham & Lucas Siga, 2004. "The Effects of the Minimum Wage in Brazil on the Distribution of Family Incomes: 1996-2001," Working Papers 050627, University of California-Irvine, Department of Economics.
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  6. David Neumark & William Wascher, 1992. "Employment Effects of Minimum and Subminimum Wages: Panel Data on State Minimum Wage Laws," ILR Review, Cornell University, ILR School, vol. 46(1), pages 55-81, October.
  7. Alan S. Blinder & Alan B. Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Working Papers 103, Princeton University, Department of Economics, Center for Economic Policy Studies..
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  9. Dan Fuller & Doris Geide-stevenson, 2003. "Consensus Among Economists: Revisited," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(4), pages 369-387, December.
  10. Colander, David & Klamer, Arjo, 1987. "The Making of an Economist," Journal of Economic Perspectives, American Economic Association, vol. 1(2), pages 95-111, Fall.
  11. David Card, 1992. "Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage," NBER Working Papers 4058, National Bureau of Economic Research, Inc.
  12. Alan S. Blinder & Alan B. Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Working Papers 875, Princeton University, Department of Economics, Industrial Relations Section..
  13. David Neumark & DMark Schweitzer & DaWilliam Wascher, 2004. "Minimum Wage Effects throughout the Wage Distribution," Journal of Human Resources, University of Wisconsin Press, vol. 39(2), pages -.
  14. Richard Dickens & Stephen Machin & Alan Manning, 1994. "Estimating the effect of minimum wages on employment from the distribution of wages: a critical view," LSE Research Online Documents on Economics 51648, London School of Economics and Political Science, LSE Library.
  15. David Neumark & William Wascher, 2006. "Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research," Working Papers 060708, University of California-Irvine, Department of Economics, revised Jan 2007.
  16. Neumark, David & Wascher, William, 2003. "Minimum wages and skill acquisition: another look at schooling effects," Economics of Education Review, Elsevier, vol. 22(1), pages 1-10, February.
  17. David Neumark & William Wascher, 1994. "Minimum Wage Effects on Employment and School Enrollment," NBER Working Papers 4679, National Bureau of Economic Research, Inc.
  18. David Neumark & William L. Wascher, 1996. "Minimum wage effects on employment and school enrollment: reply to Evans and Turner," Finance and Economics Discussion Series 96-28, Board of Governors of the Federal Reserve System (U.S.).
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  21. Dan A. Fuller & Richard M. Alston & Michael B. Vaughan, 1995. "The Split between Political Parties on Economic Issues: A Survey of Republicans, Democrats, and Economists," Eastern Economic Journal, Eastern Economic Association, vol. 21(2), pages 227-238, Spring.
  22. Machin, Stephen & Manning, Alan, 1997. "Minimum wages and economic outcomes in Europe," European Economic Review, Elsevier, vol. 41(3-5), pages 733-742, April.
  23. David Neumark & William Wascher, 2004. "Minimum Wages, Labor Market Institutions, and Youth Employment: A Cross-National Analysis," ILR Review, Cornell University, ILR School, vol. 57(2), pages 223-248, January.
  24. repec:pri:indrel:dsp013x816m62z is not listed on IDEAS
  25. Stephen Machin & Joan Wilson, 2004. "Minimum wages in a low-wage labour market: Care homes in the UK," Economic Journal, Royal Economic Society, vol. 114(494), pages C102-C109, 03.
  26. Frey, Bruno S, et al, 1984. "Consensus and Dissension among Economists: An Empirical Inquiry," American Economic Review, American Economic Association, vol. 74(5), pages 986-994, December.
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  28. Stephen Machin & Alan Manning & Lupin Rahman, 2003. "Where the Minimum Wage Bites Hard: Introduction of Minimum Wages to a Low Wage Sector," Journal of the European Economic Association, MIT Press, vol. 1(1), pages 154-180, 03.
  29. Richard Dickens & Stephen Machin & Alan Manning, 1994. "The Effects of Minimum Wages on Employment: Theory and Evidence from the US," NBER Working Papers 4742, National Bureau of Economic Research, Inc.
  30. William A. McEachern, 2006. "AEA Ideology: Campaign Contributions of American Economic Association Members, Committee Members, Officers, Editors, Referees, Authors, and Acknowledgees," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 148-179, January.
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  32. Daniel B. Klein, 2006. "Sense and Sensibilities: Myrdal's Plea for Self-Disclosure and Some Disclosures on AEA Members," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 180-205, January.
  33. David Card, 1992. "Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage," Working Papers 680, Princeton University, Department of Economics, Industrial Relations Section..
  34. David Card, 1992. "Do Minimum Wages Reduce Employment? A Case Study of California, 1987–89," ILR Review, Cornell University, ILR School, vol. 46(1), pages 38-54, October.
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