• 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

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