Wages Incomes and Wealth
Analyzing the recent federal minimum wage proposals: $10.10, $9.00, and $9.80
An in-depth analysis of the impact raising the federal minimum wage to $10.10 would have, detailing the demographic breakdown of the 30 million workers who would be affected, the stimulative impact on the economy, and the number of jobs that would be created. [David Cooper and Doug Hall, March 13, 2013].
A summary of the recent announcement by Senator Tom Harkin and Congressman George Miller of the Fair Minimum Wage Act, with special emphasis on support for the legislation by the President of the US Women’s Chamber of Commerce, and local restaurant owners who have learned that higher wages both reduce turnover and increase productivity [Ross Eisenbrey, March 7, 2013].
An analysis of the demographic and economic impact of raising the federal minimum wage to $10.10, including a contextual analysis showing what the minimum wage would be if it had grown with other important economic benchmarks [Doug Hall and David Cooper, March 5, 2013].
Putting a $9.00/hour minimum wage in context, comparing the federal minimum wage to the official poverty line, to worker productivity, to real average wage growth, and the growth in wages for the top 1 percent of wage earners [David Cooper, February 15, 2013].
The demographic characteristics—age, race/ethnicity, gender, hours worked, incomes—of those who would be affected by increasing the federal minimum wage to $9.00 [Natalie Sabadish and Doug Hall, February 14, 2013].
Preliminary analysis of the President’s proposal to increase the federal minimum wage to $9.00, noting the importance of ensuring that the proposed indexing use a method that avoids eroding lower wages [Doug Hall, February 13, 2013].
An analysis of the positive impact raising the federal minimum wage to $9.80 would have on American Veterans [David Cooper, November 13, 2012].
Two important aspects of increasing the federal minimum wage to $9.80 – the positive economic impact (GDP boost, and related job growth), and the demographic impact of such an increase [Doug Hall and David Cooper, August 14, 2012]
A selection of EPI’s general research on the minimum wage
This guest blog by UC Davis Health Economist J. Paul Leigh compiles evidence that increasing the federal minimum wage would improve public health, and in so doing, shave significant sums off health care expenses. [J.Paul Leigh, March 6, 2013]
A State of Working America excerpt that makes the case that the failure of the federal minimum wage to keep up with other measures of growth and economic well-being has contributed to growing income inequality [Lawrence Mishel, February 21, 2013].
A presentation of public opinion data showing that job-seekers (ie, the unemployed) by a very wide margin favor increasing the minimum wage [Aaron Sojourner, February 20, 2013].
An assessment of the positive impact of increasing state level minimum wages (primarily through indexing), noting that scheduled increases will result in additional GDP of nearly $184 million, creating over 1,500 jobs [David Cooper, December 26, 2012].
This commentary, originally published in The Hill, summarizes the evolution of literature on the minimum wage, concluding that the Employment Policy Institute’s Michael Saltsman “has a loose regard for facts” [Ross Eisenbrey, July 13, 2012].
The demographic and economic impact of raising the minimum wage in the state of Illinois (the first paper in which we articulate a modest-stimulus argument for the minimum wage based on transferring income from corporate profits and the wealthy to lower-income earners. Multipliers utilized are based on those used by both Mark Zandi and the Congressional Budget Office (as articulated in Bivens’ Method memo on estimating the jobs impact of various policy changes)) [Mary Gable and Doug Hall, January 30, 2012]
The general case for increasing the minimum wage on the grounds that it helps both working families, and the overall economy [Doug Hall, May 19, 2011]
Exploration of the antiquated “subminimum wage” of $2.13/hour, that forms the base compensation that tipped workers receive in wages from their employers. Nationally, the subminimum wage has remained unchanged since 1991. State-level “tipped credits” often allow employers to pay much less than state mandated minimum wages [Sylvia Allegretto and Kai Filion, February 23, 2011].
Articulation of a modest stimulus argument for the minimum wage, applying methodology developed by researchers with the Chicago Federal Reserve Bank to the three steps of the most recent increase in the federal minimum wage from 2007-2009 [Kai Filion, May 28, 2009].
An analysis (undertaken in the wake of the 2009 increase) of the importance of indexing the minimum wage to avoid erosion over time, noting that the choice of index makes a substantial difference to the long-term well-being of low-wage workers [Heidi Shierholz, December 17, 2009].
The many dimensions of raising the federal minimum wage in 2009 – the most recent increase to the federal minimum [Kai Filion, July 20, 2009].
An overview of the economics literature on minimum wage through 2006 [Liana Fox, 2006].
All work on this topic
The Case for Raising the Minimum Wage: If we’re going to live in one unified America, we need an economy that works for all AmericansMay 15, 2013 | | Commentary
- Economic snapshot
Using standard models to benchmark the costs of globalization for American workers without a college degreeMarch 22, 2013 | | Report
- Economic snapshot
Raising the federal minimum wage to $10.10 would give working families, and the overall economy, a much-needed boostMarch 13, 2013 | | Report
Testimony in support of HB 1204: “Labor and Employment – Maryland Wage and Hour Law – Payment of Wages”February 27, 2013 | | Testimony
- Quick Takes