Wages and Hours Laws: What Do We Know? What Can Be Done?

摘要: We summarize recent research on the wage and employment effects of minimum laws in United States infer from non-U.S. studies hours likely unchanging U.S. laws. The effective wage, increasingly a province state government, is now closely related to lower end state’s distribution. Original estimates demonstrate how forty-five-year failure increase exempt earnings level for salaried workers has raised lower-earning reduced their weekly earnings. overall conclusion literature original work that wages have produced impacts directions predicted by economic theory, but these been quite small.