Professors Neumark and Wascher argue, however, that this is where the evidence is clear.

FORBES: Resources on the Minimum Wage

Some of the most careful and convincing empirical research on the employment effects of minimum wages has been done by David Neumark and William Wascher.

FORBES: Resources on the Minimum Wage

Other studies though, particularly those by David Neumark of the University of California at Irvine and William Wascher at the Federal Reserve, consistently found the opposite.

ECONOMIST: The minimum wage

Not surprisingly, their results were overturned by more careful research that found an adverse effect on employment (see David Neumark and William Wascher, American Economic Review, 2000).

FORBES: The Minimum Wage Delusion, And The Death Of Common Sense

Professors Neumark and Wascher also offer a clear and even-handed assessment of empirical examples that seem to contradict the prediction that a higher minimum wage would reduce employment.

FORBES: Resources on the Minimum Wage

Saltsman also tells me that Card and Krueger responded to the critique by Neumark and Wascher, in a paper published in the same issue of The American Economic Review as the Neumark and Wascher paper, re-evaluating their own data and scrutinizing payroll data raised by other scholars.

FORBES: Obama Nominee Pulled Back on Minimum Wage Defense