Deepankar Basu, economics, has co-authored an article about the 2019 general election in India, that predicts the Bharatiya Janata Party’s (BJP) performance in Uttar Pradesh in the 2019 Lok Sabha elections, using past voting trends. (The Wire [India])
Day: April 29, 2019
A new research paper co-authored by Arindrajit Dube, economics, and graduate student Doruk Cengiz, finds that minimum wage increases taking place over more than three-and-a-half decades have resulted in higher wages for low-skilled workers. They have also found that higher minimum wages have not caused higher unemployment or damage to the economy and have not caused a reduction in low-wage workers. The study also says most of the benefits go to workers who were employed before the minimum wage was raised. The authors say these findings hold for minimum wages that are up to about 60 percent of the prevailing median wage. (City Lab, 4/26/19)