Thread by @JohnHolbein1

Does raising the minimum wage reduce the number of low-wage jobs?

No.

"We also find no evidence of disemployment when we consider higher levels of minimum wages."

academic.oup.com/qje/article/13…

Minimum wage increases reduce crime.

nber.org/papers/w25116

When you increase the minimum wage, you decrease infant mortality among poor families.

pdfs.semanticscholar.org/1a26/542488b22…

Increasing the minimum wage improves kids' health.

nber.org/papers/w26691

The minimum wage reduces racial income inequality.

academic.oup.com/qje/article-ab…

“We find that raising the minimum wage increases earnings growth at the bottom of the distribution, and those effects persist and indeed grow in magnitude over several years.”

https://twitter.com/kevinrinz/status/978982537266638849

https://twitter.com/JohnHolbein1/status/950011596914356224

"Overall the most up to date body of research from US, UK and other developed countries points to a very muted effect of minimum wages on employment...Importantly, this was
found to be the case even for the most recent ambitious policies."

assets.publishing.service.gov.uk/government/upl…

"This [meta-analysis] finds no statistically significant aggregate adverse employment effect of the national minimum wage [in the U.K.] and also no publication bias in the minimum wage literature."

rand.org/content/dam/ra…