The Daily Stat from Harvard Business Review

 

November 17, 2015 Economists' Support for Raising the Minimum Wage Dips the Closer They Are to Chicago Economists located closer to Chicago are less supportive of minimum wage legislation than those located farther away, suggests a study by Donal O’Neill of Maynooth University in Ireland. Analyzing a sample of 943 economists working in 392 U.S. universities, O’Neill found that an additional 1000 kilometers of distance away from Chicago is associated with a 6.3% point greater likelihood of supporting the Fair Minimum Wage Act of 2013. Those who attained their PhD outside the U.S. are more likely to support the legislation, and even controlling for age, geography, and field of study, men are less likely to support it. Source: Divided opinion on the Fair Minimum Wage Act of 2013: Random or systematic differences?

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