The Clinton administration has claimed its proposal to increase the minimum wage would not affect employment; other research supports that a higher minimum wage means fewer jobs.
In its proposal to increase the minimum wage, the Clinton administration has claimed that employment would not be adversely affected. Other research supports the widespread consensus among economists that a higher minimum wage means fewer jobs. In this study, leading proponents of both views discuss the strengths and weaknesses of those arguments.
Contributors include Charles C. Brown, University of Michigan; Kevin M. Murphy, University of Chicago; David Neumark, Michigan State University; Donald R. Deere, Texas A&M University; William Wascher, Federal Reserve; and Finis R. Welch, Texas A&M University.
Marvin H. Kosters is a resident scholar and the director of economic policy studies at AEI.
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