Last updated on: 3/23/2016 | Author: ProCon.org

Michael J. Wither, PhD Biography

Title:
Senior Associate at Charles River Associates
Position:
Con to the question "Should the Federal Minimum Wage Be Increased?"
Reasoning:

“Over three subsequent years, we find that binding minimum wage increases had significant, negative effects on the employment and income growth of targeted workers. Lost income reflects contributions from employment declines, increased probabilities of working without pay (i.e., an ‘internship’ effect), and lost wage growth associated with reductions in experience accumulation…

Over the late 2000s, the average effective minimum wage rose by 30 percent across the United States. We estimate that these minimum wage increases reduced the national employment-to-population ratio by 0.7 percentage point…

We find that binding minimum wage increases significantly reduced the likelihood that low-skilled workers rose to what we characterize as lower middle class earnings. This curtailment of transitions into lower middle class earnings began to emerge roughly one year following initial declines in low wage employment. Reductions in upward mobility thus appear to follow reductions in access to opportunities for accumulating work experience.”

Cowritten with Jeffrey Clemens, “The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers,” National Bureau of Economic Research (NBER) website, Nov. 24, 2014

Theoretical Expertise Ranking:
Experts
Individuals with PhDs, JDs, or equivalent advanced degrees in fields relevant to the minimum wage. Also top-level government officials (such as foreign leaders, US presidents, Founding Fathers, Supreme Court Justices, members of legislative bodies, cabinet members, military leaders, etc.) with positions relevant to the minimum wage.
Involvement and Affiliations:
  • Senior Associate, Charles River Associates, Aug. 2015-present
  • Economist, Powerlytics Inc., Jan. 2012-July 2015
  • Teaching Assistant, University of California at San Diego, Sep. 2010-June 2015
  • Senior Economist, Columbia Economics, LLC, Oct. 2011-June 2013
  • Insurance Intern, Zurich Financial Services, June 2009-Aug. 2009
  • Research Intern, Europe Economics (United Kingdom), Oct. 2008-Dec. 2008
Education:
  • PhD, Economics, University of California at San Diego, 2015
  • MA, Economics, University of California at San Diego, 2011
  • BS, Economics, Loyola Marymount University, 2010
Other:
  • None found
Quoted in:
Pro & Con Quotes: Should the Federal Minimum Wage Be Increased?