UCLA Anderson to lead study monitoring the effects of a higher minimum wage in Los Angeles
The Regents of the University of California received a $570,000 grant to conduct a study that will evaluate the effects of the higher minimum wage ordinance in the Los Angeles metropolitan region. The research initiative will be led by Edward Leamer, UCLA Anderson School of Management Distinguished Professor, Chauncey J. Medberry Chair in Management and UCLA Anderson Forecast director. Leamer will collaborate with Drs. Till von Wachter and Frederick Zimmerman, faculty members from the Department of Economics and School of Public Health at UCLA, and Jerry Nickelsburg of UCLA Anderson School.
While increases in minimum wages are occurring in many locations, the Los Angeles experiment could be one of the most informative, since the city has an unusually large share of geographically-concentrated low-wage workers, and the legislated increases in the minimum wage are projected to cover a greater fraction of workers here than in any other jurisdiction, and there are abundant locations near the City where jobs might go. The research will study the impact of the local minimum wage increase on a broad set of effects, including wage and employment levels but also product prices and health outcomes.