Contents contributed and discussions participated by David Tatarenko
BalancedPolitics.org - Minimum Wage (Pros & Cons, Arguments For and Against, Advantages... - 1 views
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The vast majority of economists believe the minimum wage law costs the economy thousands of jobs. Teenagers, workers in training, college students, interns, and part-time workers all have their options and opportunities limited by the minimum wage. A low-paying job remains an entry point for those with few marketable skills.
Unemployment Effects of Minimum Wages - 3 views
Does minimum wage boost help or hurt? - 0 views
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Does minimum wage boost help or hurt? Illinois Times, February 9, 2012 By Patrick Yeagle Increasing the minimum wage doesn't cause job loss as commonly thought, according to researchers pushing for a higher minimum wage in Illinois. State lawmakers will likely consider a bill this month that could mean higher pay for 1.1 million low-wage Illinois workers.
Does minimum wage boost help or hurt? - 0 views
Minimum Wage - 1 views
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The above publication is a primary source because it is a government document of the Fair Labor Standards Act of 1938 from the U.S. Department of Labor. It is an original government document of the minimum wage because it is the revised law for minimum wages in the United States. This act represents original thinking because it shares new information, since other research documents dealing with the minimum wage are secondary sources dealing with the consequences of the primary source, which is the Fair Labor Standards Act of 1938. In essence, the statute is of use in research of the economic consequences of the minimum wage because it states how the minimum wage law operates and prohibits the employment of minors. Also, it is important how the statute defines terms, which ultimately affects the way the minimum wage works in the U.S. It also discusses the penalties for violations and the hours people can work for certain wages and overtime pay.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2051313
Marx, Ive, Marchal, Sarah and Nolan, Brian, Mind the Gap: Net Incomes of Minimum Wage Workers in the EU and the US. IZA Discussion Paper No. 6510. Available at SSRN: http://ssrn.com/abstract=2051313
The above source is a secondary source because it is a study of the minimum wage from research of many other researchers. It is an analysis that evaluates the information of many studies done by others, so it is more of a meta-analysis than an analysis in that respect. The secondary source took many primary sources into consideration in the creation of this article, since the paper focuses on the role of the minimum wage in the European Union and the United States. Basically, the paper compares the incomes of workers in the two economic spaces to explain the role of the minimum wage in the gap of workers' incomes.