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Article: The wage and employment dynamics of minimum wage workers.
- Article from:
- Southern Economic Journal
- Article date:
- January 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Southern Economic Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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1. Introduction
An important issue in the policy debate over the merits of increasing the minimum wage is the duration of minimum wage employment. At one extreme, if minimum wage workers were entry-level workers who quickly accumulate skills that push their wages above the minimum, a minimum wage hike would have a relatively short term effect on any given worker's income. On the other extreme, if all minimum wage workers find themselves in "dead end" jobs that provide no opportunities for wage growth, a hike in the minimum wage could have long-term effects on their incomes.
There are several studies that provide insights into the wage growth of minimum ...