Political support for minimum wage legislation |
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Authors: | Farrell E Bloch |
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Institution: | (1) Econometric Research, Inc., Princeton University, USA |
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Abstract: | Conclusion Even if minimum wage laws reduce employment opportunities for some workers, other individuals may benefit from their enactment.
In particular, union members and residents of states with high wage levels would be expected to encourage their senators to
vote in favor of minimum wage legislation. Examination of senators’ votes on the 1966 and 1974 minimum wage bills indicates
that senators favoring passage of these bills are likely to come from states with high union membership and, to a lesser extent,
high wage levels.
The equations explaining senators’ votes on these bills were disaggregated by political party affiliation and length of membership
in the Senate. Democrats were more likely than Republicans to support minimum wage bills. Virtually no difference was observed
between senators who voted on both the 1966 and 1974 measures and those who voted on only one.
Perhaps the most encouraging result reported is the similarity of coefficients generally observed for corresponding 1966 and
1974 equations. This similarity suggests that the equations reported herein could be used to predict votes on future minimum
wage bills. The results suggest also that the general mode of analysis can be fruitfully applied to other economic legislation. |
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Keywords: | |
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