Econ%20104%20Syllabus--Pollin--Fall%20-page43 - The debate...

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Factors to Consider Will all else be equal when minimum wage rises? Colander: “’’Other things’ never remain constant.” Fried Haddock Dinner efect Consumers ±requently don’t respond to small price changes Richard Freeman, Harvard Economist:
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Unformatted text preview: The debate is over whether modest minimum wage increases have no employment efect, modest posi?ve efects, or small nega?ve efects. It is not about whether or not there are large nega?ve efects. 7...
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This note was uploaded on 11/07/2011 for the course ECON 104 taught by Professor Dolenc during the Fall '08 term at UMass (Amherst).

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