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Minimum Wages and Employment: A Review of Evidence …

NBER WORKING PAPER SERIESMINIMUM Wages AND Employment: A Review OF Evidence FROM THE NEW Minimum WAGE RESEARCHD avid NeumarkWilliam WascherWorking Paper 12663 BUREAU OF ECONOMIC RESEARCH1050 Massachusetts AvenueCambridge, MA 02138 November 2006*Neumark is Professor of Economics at the University of California at Irvine, a Research Associateat the National Bureau of Economic Research, and a Research Fellow at IZA. Wascher is DeputyAssociate Director in the Division of Research and Statistics at the Board of Governors of the FederalReserve System.

Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research David Neumark and William Wascher NBER Working Paper No. 12663 November 2006, revised January2007 JEL No. J23,J38 ABSTRACT We review the burgeoning literature on the employment effects of minimum wages - in the United

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