The $10.50 increase will not solve the problem of low wages, but it will help somewhat, writes José Toral
The $10.50 increase will not solve the problem of low wages, but it will help somewhat, writes José Toral
July 8, 2024 - 10:52 AM
David Card, Nobel Prize winner in 2021 awarded for his research on the employment outcomes when the minimum wage is increased, is a Canadian economist and professor at the University of Berkley in California. We will comment on his research on the recently much-touted topic in Puerto Rico. Card challenged the “orthodoxy” and dramatically changed the explanations of inequality and the social and economic forces that impact low-wage workers.
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