Guest Post: Minimum Wage Laws and the Labor Market: What Have We Learned Since Card and Krueger’s Book Myth and Measurement?

Rortybomb

Because of Alan Krueger’s appointment to the CEA, I figured there would be a lot of interest in his previous work on the minimum wage.  In order to figure out how that body of work has aged, I reached out to friend-of-the-blog Arindrajit Dube.  Dube is an Assistant Professor in the Department of Economics at the University of Massachusetts Amherst who has also done similar studies on the minimum wages, including the major 2010 work Minimum Wage Effects Across State Boundaries.  Dube was kind enough to write the following guest post, examining Krueger’s work 15 years later.

Originally Posted At New Deal 2.0.

Alan Krueger’s recent appointment to head the Council of Economic Advisers has led to renewed interest in his book on minimum wages, coauthored with David Card, called Myth and Measurement. In that book, published in 1995, the authors forcefully argued that the evidence showing minimum wage increases killed jobs was…

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