Tag: minimum wage

Pros Of Lowering The Drinking Age To 18 Essay Sample

Pros Of Lowering The Drinking Age To 18 Essay Sample

… Vedder and Lowell Gallaway studied whether (after adjusting for price changes, the business cycle and federal transfer payments) the minimum wage was effective in lowering the poverty rate. They concluded that minimum wages, because of inefficient targeting of the poor and unintended adverse consequences on employment and earnings, are ineffective …

… , the researchers discovered that the minimum wage actually appeared to raise the level of poverty for some subgroups based on gender, race, ethnicity and age. Vedder and Gallaway conducted their studies with different poverty definitions, including one provided by the National Academy of Sciences, but still found that the national …

Read More Read More

Pros Of Lowering The Drinking Age To 18 Essay Example

Pros Of Lowering The Drinking Age To 18 Essay Example

… Vedder and Lowell Gallaway studied whether (after adjusting for price changes, the business cycle and federal transfer payments) the minimum wage was effective in lowering the poverty rate. They concluded that minimum wages, because of inefficient targeting of the poor and unintended adverse consequences on employment and earnings, are ineffective …

Read More Read More