Quote:
Originally Posted by username
Do you have a link/reference to these studies? I'm really curious because everything I was taught in university economics (albeit a long time ago) would suggest otherwise.
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I posted a few in the previous minimum wage thread if you want to go digging in there. The best one I read was a compilation of a number of the major studies, which did a really good job of analyzing which methods were the most accurate for predicting the outcome. The general takeaway, if I remember correctly, was that increasing the minimum wage generally showed minor increases to employment and economic performance but they weren't statistically significant, and that there was a statistically significant reduction in youth employment but it wasn't drastic.