michaelreich.bsky.social
michaelreich.bsky.social
@michaelreich.bsky.social
Reposted by michaelreich.bsky.social
From the recent New Yorker interview of @drodrik.bsky.social
on his new book, by
@johncassidysays.bsky.social

(Link below in the thread).
November 4, 2025 at 1:43 PM
Reposted by michaelreich.bsky.social
If you want more on wage boards and how they can achieve what Dani was referring to, check out my book The Wage Standard - now available for pre-order.

www.thewagestandard.com
The Wage Standard by Arindrajit Dube: 9780593471418 | PenguinRandomHouse.com: Books
“The go-to guy on minimum wage” (Nobel Laureate and New York Times bestselling author Paul Krugman) tackles one of the thorniest social issues of our times—income inequality—from...
www.thewagestandard.com
November 4, 2025 at 1:45 PM
Reposted by michaelreich.bsky.social
The Federal minimum wage was established in 1938.

It was in effect for about 85 years.

It has now, for better or worse, been effectively abolished.
October 26, 2025 at 2:28 PM
Reposted by michaelreich.bsky.social
A bold new economic program for America, by Martin Carnoy, Michael Reich, and Derek Shearer irle.berkeley.edu/publications...
A Bold Economic Program for America – Institute for Research on Labor and Employment
irle.berkeley.edu
October 21, 2025 at 4:12 PM
Reposted by michaelreich.bsky.social
Forthcoming in JOLE: "Minimum Wage Effects and Monopsony Explanations" by Justin Wiltshire, Carl McPherson, Michael Reich, and Denis Sosinskiy
www.journals.uchicag...
#EconSky
August 13, 2025 at 12:52 AM
from my LTE, WaPo 8/10/2025

Minimum wage increases address labor supply problems. Employers who pay very low wages cannot fill their existing job vacancies and have difficulty holding on to their employees. Minimum wage increases make these jobs more attractive
August 13, 2025 at 4:28 AM
BRG, an industry consulting group, claims that seasonally corrected data from FRED shows fast food employment losses in CA relative to other states. But FRED does not account for the much smaller seasonality of CA fast food. My report does so-- and finds no employment losses.
February 26, 2025 at 8:23 PM
​EmPI claims my DDD is a "cover-up" ​of employment losses because "full-service restaurants are also struggllng." But whether full-service restaurants are declining or not does not enter into a DDD method.
February 26, 2025 at 8:13 PM
The DDD estimate control​s for changes in full-service restaurants in CA relative to those in other states​, to ameliorate any ​confounding non-minimum wage related changes​, such as differential​ economic or population growth.
February 26, 2025 at 8:10 PM
The Employment Policies Institute, a creature of the National Restaurant Association claims I'm an SEIU researcher (???) misquotes from my report and misunderstands the DDD method
February 26, 2025 at 8:04 PM
New report on California's $20 fast food minimum wage using D-in-D and DDD: 8-9 percent wage increases, no effects on employment and a 1.5 percent minimum wage increase: irle.berkeley.edu/publications...
Effects of the $20 California Fast-Food Minimum Wage – Institute for Research on Labor and Employment
Abstract This policy brief represents the second in a series of reports on the effects of California’s $20 fast-food minimum wage. The first report , issued on
irle.berkeley.edu
February 26, 2025 at 8:00 PM
Striking San Francisco hotel workers from Unite HERE Local 2 have won contracts with all the holdout hotels, pending a ratification vote today on the Hilton contract.

The strike is over. ASSA attendees who have expressed their support for the strikers, in word or deed, may have made a difference.
December 24, 2024 at 10:41 PM
Reposted by michaelreich.bsky.social
Hey #EconSky📉📈 our new working paper with Michael Reich @IRLE is out!

Sectoral Wage-Setting in California

We provide the first causal evidence of the (highest in the US) $20 minimum wage for large fast-food chains in California, implemented on April 1, 2024.

irle.berkeley.edu/publications...

1/7
Sectoral Wage-Setting in California – Institute for Research on Labor and Employment
Abstract On April 1, 2024, California implemented its first sectoral wage policy, setting a $20 floor on hourly pay for workers in the larger fast food restaura
irle.berkeley.edu
October 1, 2024 at 1:41 AM
Reposted by michaelreich.bsky.social
A short write-up by @petercoy here:

static.nytimes.com/email-conten...

7/7
October 1, 2024 at 1:44 AM
Economics research is cheaper than decades ago.
September 14, 2024 at 6:36 PM