Teaching the minimum wage in econ 101 in light of the new economics of the minimum wage

Journal of Economic Education

Volumn 32, Issue 3, 2001, Pages 243-258

  Krueger, Alan B ^a  

^a PRINCETON UNIVERSITY   (United States)

Author keywords

Minimum wage; Monopsony; Natural experiment

Indexed keywords

EID: 0035591169     PISSN: 00220485     EISSN: 21524068     Source Type: Journal    
DOI: 10.1080/00220480109596106     Document Type: Article

References (29)

1. Alston, R., Kearl, J. R., and Vaughan, M. B., 1992. Is there a consensus among economists in the 1990s?. The American Economic Review, Papers and Proceedings, 82:203–09. (May)
2. Baumol, W., and Blinder, A., 1998. Microeconomics:Principles and policy, 7th ed., New York:Dryden.
3. Becker, W. E., 2000. Teaching economics in the 21st century. Journal of Economic Perspectives, 14:109–20. (Winter)
4. Borjas, G., 1996. Labor economics, New York:McGraw-Hill.
5. Brown, C., 1999. “ Minimum wages, employment, and the distribution of income ”. In Handbook of labor economics, Edited by:Card, D., and Ashenfelter, O., 2101–64. Amsterdam:North Holland.
6. Brown Gilroy, C. C., and Kohen, A., 1982. The effect of the minimum wage on employment and unemployment. Journal of Economic Literature, 20:487–528. (June)
7. BrownGilroy, C. C., and Kohen, A., 1983. Time-series evidence of the effect of the minimum wage on youth employment and unemployment. Journal of Human Resources, 18:3–31. (Winter)
8. Burdett, K., and Mortensen, D., 1998. Wage differentials, employer size and unemployment. International Economic Review, 39:257–73. (May)
9. Card, D., 1992. Using regional variation in wages to measure the effects of the federal minimum wage. Industrial and Labor Relations Review, 46:22–37. (October)
10. Card, D., and Krueger, A. B., 1994. Minimum wages and employment:A case study of the fast food industry. American Economic Review, 84:772–93. (September)
11. Card, D., and Krueger, A. B., 1995. Myth and measurement:The new economics of the minimum wage, Princeton, N.J.:Princeton University Press.
12. Card, D., and Krueger, A. B., 2000. Minimum wages and employment:A case study of the fast food industry:Reply. American Economic Review, 90 (5):1397–420.
13. Case, K., and Fair, R., 1999. Principles of microeconomics, 5th ed., New York:Prentice-Hall.
14. Cherry, R., 1985. Textbook treatments of minimum-wage legislation. Review of Black Political Economy, 13:25–38. (Spring)
15. Dickens, R., Machin, S., and Manning, A., 1999. The effects of minimum wages on employment:Theory and evidence from Britain. Journal of Labor Economics, 17:1–22. (January)
16. Figlio, D., 1994. Trends in the publication of empirical economics. Journal of Economic Perspectives, 8:179–87. (Summer)
17. Fuchs, V., Krueger, A. B., and Poterba, J. M., 1998. Why do economists disagree about policy? The roles of beliefs about parameters and values. Journal of Economic Literature, 36 (3):1387–426.
18. Mankiw, N. G., 1997. Principles of economics, New York:Dryden.
19. McConnell, C., and Brue, S., 1999. Economics, 14th ed., New York:McGraw-Hill.
20. McDonald, I. M., 1996. Macroeconomics, 2nd ed., Brisbane:Jacaranda Wiley.
21. Moffitt, R., 1999. “ New developments in econometric methods for labor market analysis ”. In Handbook of Labor Economics, Edited by:Card, D., and Ashenfelter, O., Amsterdam:North Holland.
22. Parkin, M., 1998. Economics, 4th ed., New York:Addison-Wesley.
23. Samuelson, P., and Nordhaus, W., 1998. Economics, 16th ed., New York:Irwin McGraw-Hill.
24. Schmitt, J., 1999. Testing the employment impact of the 1996–97 increases in the federal minimum wage:Another look at Card (1992) and Deere, Murphy, and Welch (1995), Washington, D.C.:Economic Policy Institute. Mimeo
25. Siegfried, J. J., Bartlett, R. L., Hansen, W. L., Kelley, A. C., McCloskey, D. N., and Tietenberg, T. H., 1991. The status and prospects of the economic major. Journal of Economic Education, 22:197–224. (Summer)
26. Stigler, G., 1946. The economics of minimum wage legislation. American Economic Review, 36:154–56. (June)
27. Stiglitz, J., 1997. Principles of macroeconomics, 2nd ed., New York:W.W. Norton.
28. Taylor, J., 1995. Economics, 1st ed., New York:Houghton Mifflin.
29. Wellington, A., 1991. Effects of the minimum wage on the employment status of youths:An update. Journal of Human Resources, 26:27–46. (Winter)