Ifreann wrote:Northern Davincia wrote:You're wrong but free to think otherwise.
I'm not really bothered to read 42 pages of a PDF, especially on this garbage computer, want to narrow down where this paper on the effects minimum wage has on employment contradicts my assertion that a minimum wage guarantees a minimum wage?
Johnathan Meer & Jeremy West wrote:We show results from three administrative data sets that consistently indicate negative effects of the minimum wage on job growth. Our results are robust to a number of specifications and we find that the minimum wage reduces employment over a longer period of time than the literature has focused on in recent years.
It actually ensures that some workers are paid nothing at all, on account of losing their job.