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What! Another Minimum Wage Study?

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  • Mary Eccles
  • Richard B. Freeman

Abstract

The Minimum Wage Study Commission was established in 1977 to aid Congress in investigating the effects and possible consequences of two proposed changes in the minimum wage law: indexing the wage to inflation and providing for a youth differential. This paper seeks to determine to what extent the Minimum Wage Study Commission's work has been helpful in policy debate, and compares the Commission's findings with those of the more conservative American Enterprise Institute. The paper also examines whether the Commission's final product was worth three years of study and $17 million. Our overall finding is that the Commission's report appears to have had little or no policy impact. The research did little to expand upon similar studies done prior to 1977, and cannot be said to be worth three years and $17 million. However, policy-makers still regard the report as a useful and credible examination of the effects of the mini- mum wage on the economy.

Suggested Citation

  • Mary Eccles & Richard B. Freeman, 1982. "What! Another Minimum Wage Study?," NBER Working Papers 0878, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:0878
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    Cited by:

    1. Knabe Andreas & Schöb Ronnie & Thum Marcel, 2014. "Der flächendeckende Mindestlohn," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 15(2), pages 133-157, June.
    2. William McEachern, 1987. "Federal advisory commissions in an economic model of representative democracy," Public Choice, Springer, vol. 54(1), pages 41-62, January.
    3. repec:eee:labchp:v:3:y:1999:i:pb:p:2101-2163 is not listed on IDEAS

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