EPI Research (Page 9)

  • The Effects of the Proposed Arizona Minimum Wage Increase

    September 2006

    The minimum wage has become a favorite election- year issue at both the state and national levels, with many politicians arguing that a hike is needed to pull hardworking families out of poverty. Unfortunately, raising the minimum wage has unintended consequences, which often hurt the very people the hike was intended to help. Decades of research show that higher mandated wages are associated with job loss among the most vulnerable employees and displacement of low-skilled[…]
  • The Effects of the Proposed Missouri Minimum Wage Increase

    August 2006

    In recent years, the movement to increases minimum wage has been active in states across the country. Advocates of these wage hikes argue that the increases will help low-income families escape poverty. While this argument is emotionally compelling, it ignores the unintended consequences that the proposed increase would create—such as job loss among the most vulnerable employees and displacement of low-skilled adults by wealthy teens.[…]
  • Output Prices and the Minimum Wage

    June 2006

    Most economists believe that an increase in the minimum wage causes higher prices and lower employment. This belief rests partly on empirical evidence, but also on the view that labor markets are competitive; if markets are competitive, then increases in the minimum wage should both raise prices and reduce employment. However, a number of studies in the last decade have challenged these beliefs. Some of[…]
  • The Effect of Minimum Wage Increases on Retail and Small Business Employment

    May 2006

    Overview A recent study by the Fiscal Policy Institute (FPI) claims that increases in the minimum wage at the state level have had no adverse employment effects. Specifically, the FPI report concludes that states that raised their wage floor above the federal level did not experience declines in small business employment, and, in fact, actually experienced an increase in retail employment. While the FPI study has been[…]
  • The Effects of the Proposed Ohio Minimum Wage Increase

    March 2006

    In recent years, the movement to enact “living wages” or increases in the minimum wage has been active in states and cities across the country. Advocates of these wage hikes argue that the increases will help low-income families escape poverty. Although emotionally compelling, this argument ignores the unintended consequences the proposed increase would create. Worse, the mandated increase confers its benefits overwhelmingly on employees who[…]
  • Helping Low-wage Americans–The Earned Income Tax Credit: An Effective Solution to an Age-old Problem

    January 2006

    The unemployment rates for demographic groups such as teens and minorities are consistently in double digits. Millions of potential entry-level employees aren’t even counted in these figures because they have given up hope and stopped looking for work. Yet newspapers all over the country advertise jobs paying $10 an hour or more. Many practically beg for applicants. One test of our employment and antipoverty policies[…]