- Professor Emeritus of Economics Institute for Research on Labor and Employment (IRLE) of the University of California at Berkeley
- Pro to the question "Should the Federal Minimum Wage Be Increased?"
“What we found was that higher minimum wages do not have adverse effects on employment, or the weeks or hours worked among minimum wage workers — even four years after minimum wages are increased. We didn’t find adverse employment effects among women and minority groups, either. As a result, we determined that the United States can raise pay to $15 an hour by 2024 without hurting jobs, even in low-wage states…
Higher minimum wages reduce employee turnover costs and increase worker productivity. They raise consumer demand by increasing the purchasing power of workers. Low-wage employers, particularly in the restaurant industry, also absorb minimum wage costs through small price increases in restaurants. Those of us who eat in restaurants are able and willing to pay a few cents more for a typical meal, so restaurant sales go up even with the small price increases.
Our research indicates that pay can increase to $15 an hour in low-wage states without losing jobs, that incomes will grow, and fewer children will grow up in poverty.”
Cowritten with Anna Godøy, “The US Can Raise the Minimum Wage to $15 without Hurting Jobs,” cnn.com, July 11, 2019
- Theoretical Expertise Ranking:
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:
- Professor of Economics, Institute for Research on Labor and Employment (IRLE), University of California at Berkeley
- Chair, Center on Wage and Employment Dynamics, Institute for Research on Labor and Employment (IRLE), University of California at Berkeley, 2007-present
- Director, Institute for Research on Labor and Employment (IRLE), University of California at Berkeley, 2004-2015
- Associate Professor, Economics, University of California, Berkeley, 1981-1988
- Assitant Professor, University of California, Berkeley, 1974-1981
- Assistant Professor, Economics, Boston University, 1971-1974
- Teaching Fellow, Harvard University, 1969-1971
- Research Trainee, Solid State Physics, US Naval Research Laboratory, Summer 1963 and 1964
- PhD, Economics, Harvard University
- BA, with honors, Mathematics, Swarthmore College
- None found
- Quoted in:
- Pro & Con Quotes: Should the Federal Minimum Wage Be Increased?