"This is a superb book, notable for both breadth and depth of coverage, on one of the most fundamental topics in economics ... Summing Up: Essential. Economics collections, upper-division undergraduate through professional."
—J. P. Jacobsen, Wesleyan University, Choice
"Beyond covering previously sparsely treated issues such as effects on prices, inflation, profits, and inequality, Neumark and Wascher demonstrate the overwhelming weight of careful U.S. evidence and other evidence showing the detrimental effects of minimum wages on low-skilled workers. The volume is a must for anyone interested in research on labor markets."
—Daniel S. Hamermesh, Centennial Professor of Economics, University of Texas at Austin
"Neumark and Wascher provide what will be the post-Card and Kreuger consensus on the new economics of the minimum wage.
Minimum Wages is an extraordinary synthesis of the new empirical literature on the employment and distributional consequences of minimum wage legislation. It is an A to Z review of the history of minimum wage legislation, the motives of supporters and opponents, and how such laws affect all of us."
—Richard V. Burkhauser, Sarah Gibson Blanding Professor of Policy Analysis, Cornell University
"Over the past twenty years, the focus of research on the minimum wage has changed from federal to state minimum wages as the key policy variable, and from effects on teen employment to a broader range of outcomes. David Neumark and William Wascher have been important contributors to these innovations. Minimum Wages combines a very accessible summary of their research with helpful discussions of others' work."
—Charles Brown, Professor of Economics, University of Michigan