Attention Economy


Wednesday, February 3, 2021

Economist Arindrajit Dube - Expert on the Impact of Minimum Wage Laws

The Burger Flipper Who Became a World Expert on the Minimum Wage
https://www.bloomberg.com/news/articles/2021-02-03/minimum-wage-arindrajit-dube-on-economic-impact-of-15-an-hour
Dube was an undergraduate at Stanford in 1994 when David Card and Alan Krueger published the paper that shattered conventional wisdom on minimum wages. They compared fast-food jobs in New Jersey, which raised the state minimum wage in 1992 to $5.05 an hour, with those in neighboring counties of Pennsylvania, which stayed at $4.25, and found no employment effects from the hike.
Dube, who went on to earn a doctorate in economics from the University of Chicago, has built on Card and Krueger’s work by studying a broader set of data: all border counties in the U.S. where the minimum wage changed on one side of the state border but not on the other. This produces stronger evidence than the old approach of simply looking at effects on employment within one state or in the nation as a whole. Dube’s approach has since been applied to studying other questions, such as the employment impact of state changes in collective bargaining rights”.

The minimum wage: does it hurt workers? | The Economist
 
Related:
The Budgetary Effects of the Raise the Wage Act of 2021 – CBO Report
How a Minimum-Wage Increase Is Being Felt in a Low-Wage City
https://www.nytimes.com/2021/02/14/business/economy/minimum-wage-fresno-california.html 

Biden Wants a $15 Minimum Wage. Here’s What People Say It Would Do to the Economy.
https://www.wsj.com/articles/biden-wants-a-15-minimum-wage-heres-what-people-say-it-would-do-to-the-economy-11612348201
59% of workers who would benefit from a $15 minimum wage are women—here’s how it would affect the pay gap
https://www.cnbc.com/2021/02/03/what-15-minimum-wage-could-mean-for-women-and-the-pay-gap.html

Additional material related to the minimum wage debate: