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The Broad Reach of the Minimum Wage

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  • Oren Levin-Waldman

Abstract

No single policy decision in the past thirty years stands out as more symbolic of the time than the resistance to raising the federal minimum wage. This economist argues strongly, however, that far more than those at the bottom of the rung were affected. The level of the minimum wage affects wages well up that income ladder.

Suggested Citation

  • Oren Levin-Waldman, 2009. "The Broad Reach of the Minimum Wage," Challenge, Taylor & Francis Journals, vol. 52(5), pages 100-116.
  • Handle: RePEc:mes:challe:v:52:y:2009:i:5:p:100-116 DOI: 10.2753/0577-5132520506
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Graciela L. Kaminsky, 1999. "The Twin Crises: The Causes of Banking and Balance-of-Payments Problems," American Economic Review, American Economic Association, pages 473-500.
    2. Glick, Reuven & Rose, Andrew K., 1999. "Contagion and trade: Why are currency crises regional?," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 603-617, August.
    3. Graciela L. Kaminsky & Carmen M. Reinhart, 2001. "Bank Lending and Contagion: Evidence from the Asian Crisis," NBER Chapters,in: Regional and Global Capital Flows: Macroeconomic Causes and Consequences, NBER-EASE Volume 10, pages 73-99 National Bureau of Economic Research, Inc.
    4. Kaminsky, Graciela L. & Reinhart, Carmen M., 2000. "On crises, contagion, and confusion," Journal of International Economics, Elsevier, pages 145-168.
    5. Carmen M. Reinhart & Sara Calvo, 1996. "Capital Flows to Latin America: Is There Evidence of Contagion Effects?," Peterson Institute Press: Chapters,in: Guillermo A. Calvo & Morris Goldstein & Eduard Hochreiter (ed.), Private Capital Flows to Emerging Markets After the Mexican Crisis, pages 151-171 Peterson Institute for International Economics.
    6. Carmen M. Reinhart & Sara Calvo, 1996. "Capital Flows to Latin America: Is There Evidence of Contagion Effects?," Peterson Institute Press: Chapters,in: Guillermo A. Calvo & Morris Goldstein & Eduard Hochreiter (ed.), Private Capital Flows to Emerging Markets After the Mexican Crisis, pages 151-171 Peterson Institute for International Economics.
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    Cited by:

    1. Levin-Waldman, Oren M., 2013. "Income, civic participation and achieving greater democracy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 43(C), pages 83-92.

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