The Rise of American Minimum Wages, 1912-1968. / Fishback, Price; Seltzer, Andrew.

In: Journal of Economic Perspectives, Vol. 35, No. 1, 02.2021, p. 73-96.

Research output: Contribution to journalArticlepeer-review

Published

Standard

The Rise of American Minimum Wages, 1912-1968. / Fishback, Price; Seltzer, Andrew.

In: Journal of Economic Perspectives, Vol. 35, No. 1, 02.2021, p. 73-96.

Research output: Contribution to journalArticlepeer-review

Harvard

Fishback, P & Seltzer, A 2021, 'The Rise of American Minimum Wages, 1912-1968', Journal of Economic Perspectives, vol. 35, no. 1, pp. 73-96. https://doi.org/10.1257/jep.35.1.73

APA

Fishback, P., & Seltzer, A. (2021). The Rise of American Minimum Wages, 1912-1968. Journal of Economic Perspectives, 35(1), 73-96. https://doi.org/10.1257/jep.35.1.73

Vancouver

Fishback P, Seltzer A. The Rise of American Minimum Wages, 1912-1968. Journal of Economic Perspectives. 2021 Feb;35(1):73-96. https://doi.org/10.1257/jep.35.1.73

Author

Fishback, Price ; Seltzer, Andrew. / The Rise of American Minimum Wages, 1912-1968. In: Journal of Economic Perspectives. 2021 ; Vol. 35, No. 1. pp. 73-96.

BibTeX

@article{6b58c1ceda834f3b947fdddd707b42e3,
title = "The Rise of American Minimum Wages, 1912-1968",
abstract = "This paper studies the judicial, political, and intellectual battles over minimum wages from the early state laws of the 1910s through the peak in the real federal minimum in 1968. Early laws were limited to women and children and were ruled unconstitutional by the Supreme Court between 1923 and 1937. The first federal law in 1938 initially exempted large portions of the workforce and set rates that became effectively obsolete during World War II. Later amendments raised minimum rates, but coverage did not expand until 1961. The states led the way in rates and coverage in the 1940s and 50s and again since the 1980s. The most contentious questions of today—the impact of minimum wages on earnings and employment—were already being addressed by economists in the 1910s. By about 1960, these discussions had surprisingly modern concerns about causality but did not have modern econometric tools or data.",
keywords = "Minimum wages",
author = "Price Fishback and Andrew Seltzer",
year = "2021",
month = feb,
doi = "10.1257/jep.35.1.73",
language = "English",
volume = "35",
pages = "73--96",
journal = "Journal of Economic Perspectives",
issn = "1944-7965",
number = "1",

}

RIS

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T1 - The Rise of American Minimum Wages, 1912-1968

AU - Fishback, Price

AU - Seltzer, Andrew

PY - 2021/2

Y1 - 2021/2

N2 - This paper studies the judicial, political, and intellectual battles over minimum wages from the early state laws of the 1910s through the peak in the real federal minimum in 1968. Early laws were limited to women and children and were ruled unconstitutional by the Supreme Court between 1923 and 1937. The first federal law in 1938 initially exempted large portions of the workforce and set rates that became effectively obsolete during World War II. Later amendments raised minimum rates, but coverage did not expand until 1961. The states led the way in rates and coverage in the 1940s and 50s and again since the 1980s. The most contentious questions of today—the impact of minimum wages on earnings and employment—were already being addressed by economists in the 1910s. By about 1960, these discussions had surprisingly modern concerns about causality but did not have modern econometric tools or data.

AB - This paper studies the judicial, political, and intellectual battles over minimum wages from the early state laws of the 1910s through the peak in the real federal minimum in 1968. Early laws were limited to women and children and were ruled unconstitutional by the Supreme Court between 1923 and 1937. The first federal law in 1938 initially exempted large portions of the workforce and set rates that became effectively obsolete during World War II. Later amendments raised minimum rates, but coverage did not expand until 1961. The states led the way in rates and coverage in the 1940s and 50s and again since the 1980s. The most contentious questions of today—the impact of minimum wages on earnings and employment—were already being addressed by economists in the 1910s. By about 1960, these discussions had surprisingly modern concerns about causality but did not have modern econometric tools or data.

KW - Minimum wages

U2 - 10.1257/jep.35.1.73

DO - 10.1257/jep.35.1.73

M3 - Article

VL - 35

SP - 73

EP - 96

JO - Journal of Economic Perspectives

JF - Journal of Economic Perspectives

SN - 1944-7965

IS - 1

ER -