Myth+measurement

David Card and Alan Krueger present a powerful new challenge to the conventional view that higher minimum wages reduce jobs for low-wage workers. The authors put standard economic theory to the test, using data from a series of recent episodes, including the 1992 increase in New Jersey's minimum wage, the 1988 rise in California's minimum wage, and the 1990DS91 increases in the federal minimum wage. In each case they present a battery of evidence showing that increases in the minimum wage lead to increases in pay, but no loss in jobs. David Card and Alan Krueger have written a book that represents a phenomenal amount of careful and honest research and that will be a classic in the minimum wage literature and also in the broader field of empirical labor economics.... A model of how to do good believable research, this book will be influential for a long time.DLPaul Osterman, Industrial and Labor Relations Review Clearly, this book should be read by any economist who wants to stay abreast of substantive, high level debates within the profession.... The book already has assumed an important position within the field of labor economics, and significant research in years to come is likely to revolve around its principle thesis.DLK. A. Couch, Journal of EconomicsCard, David is the author of 'Myth+measurement' with ISBN 9780691043906 and ISBN 0691043906.