Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/280606 
Year of Publication: 
2019
Series/Report no.: 
AEI Economics Working Paper No. 2019-17
Publisher: 
American Enterprise Institute (AEI), Washington, DC
Abstract: 
Empirical research on minimum wages has historically focused on employment effects, with the implicit assumption that workers who remain employed under a minimum wage regime are better off. This paper develops a simple model and a stylized example to highlight the importance of an underappreciated margin: how a minimum wage might affect the regularity of workers' schedules. Our analysis illustrates a novel line of intuition for how a minimum wage can reduce welfare even if, as in our example, it increases wages, productivity, and output, without decreasing employment.
Subjects: 
Minimum Wage
employment
productivity
JEL: 
A
Document Type: 
Working Paper

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