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Our economists are examining how a higher minimum wage might affect health care coverage, some industries, prices and, of course, employment.
Researchers at the Minneapolis Fed are working on a multi-year impact study on the city of Minneapolis’ ongoing minimum wage increase. Loukas Karabarbounis, Jeremy Lise, and Anusha Nath have partnered with the Bank’s Opportunity & Inclusive Growth Institute to examine short run and long run effects of minimum wage increases on workers and firms.
September 13, 2018 | Minneapolis City Council
Presentation slides [PDF]
The Minneapolis Minimum Wage Increase Baseline Report [PDF]