When was the last time minimum wage was raised for servers?
Answers from top 12 papers
More filters
| Papers (12) | Insight |
|---|---|
23 Citations | We find that the introduction of a minimum wage exerts upward pressure on wages even if the minimum wage is too low to be a binding restriction. |
| It is found that minimum wages close the wage gap substantially for young workers and less so for adults. | |
| Using the Current Population Survey (CPS), we find strong evidence that higher minimum wages lead to a greater prevalence of subminimum wage payment. | |
| The key result is that the minimum wage precedes the market wage in the period 1980-85 while there is simultaneous determination in the period 1986-93. | |
23 Citations | Examining the timing of the employment response reveals the disemployment effect associated with a change in the minimum wage is concentrated in the first 14 quarters after a state begins indexing minimum wages to inflation. |
| Using 1999 data on waitpersons and bartenders, little evidence is found of a premium to servers in states with more generous minimum wages. | |
| The results indicate that the minimum wage increases have increased the transition from employment to non-employment of employed low-wage youths, who are at-risk of being affected by a minimum wage increase, by around 6 percentage points (ranging from 4 to 8 percentage points). | |
| Over some range, a higher minimum wage should increase employment. | |
74 Citations | This article shows that the expansion of the minimum wage played a critical role in this decline. |
| We show evidence that firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. | |
| The results provide some new perspectives on the prolonged debate on the impact of minimum wage on employment. | |
| We show that employment elasticities are negative but small even four years after the reform; that around 75 percent of the minimum wage increase was paid by consumers and 25 percent by firm owners; that firms responded to the minimum wage by substituting labor with capital; and that disemployment effects were greater in industries where passing the wage costs to consumers is more difficult. |
Related Questions
Does raising the minimum wage increase unemployment?5 answersRaising the minimum wage can have varying effects on unemployment. Some studies suggest that higher minimum wages slightly increase unemployment rates among young workers but do not affect the older workforce. However, other research argues that an increase in the minimum wage rate can lead to an increase in income for the poor, thereby increasing aggregate demand and potentially offsetting any initial job losses. Additionally, empirical evidence shows that a higher minimum wage decreases labor demand but does not affect labor supply significantly. On average, a 10 percent increase in the minimum wage decreases employment by 0.7 percent, leading to a 0.64 percent increase in the unemployment rate. Furthermore, the effects of minimum wage increases on unemployment and labor demand depend on specific characteristics of the labor market and the degree of compliance with the minimum wage law.
Who affected from increase in minimum wage?5 answersThe increase in minimum wage affects different groups of workers. According to McGuinness and Redmond, the 2016 increase in the Irish minimum wage had a negative effect on the hours worked by minimum-wage workers, with a greater decline for temporary workers. Lopresti and Mumford find that low-wage workers who experience a small increase in the minimum wage tend to have lower wage growth, while a large increase benefits not only those earning less than the new minimum wage but also spills over to workers with moderately higher wages. Additionally, the study by Lopresti and Mumford suggests that the effect of minimum wage increases on wages does not vary significantly by age, gender, income, or race. Overall, the impact of minimum wage increases is observed in terms of reduced hours worked and varying effects on wage growth for different groups of workers.
How much do servers at Gordon Ramsay's restaurant make?8 answers
How much do servers make at Be Our Guest restaurant?9 answers
How much is server minimum wage in Ontario?6 answers
Is being a server a high paying job?8 answers