Skip to main content

Minimum Wage

Our economists are examining how a higher minimum wage might affect health care coverage, some industries, prices and, of course, employment.

Minimum Wage Study

Researchers at the Minneapolis Fed are working on multi-year impact evaluations to examine the ongoing minimum wage increases for Minneapolis and St. Paul. Loukas Karabarbounis, Jeremy Lise, and Anusha Nath will examine short-run and long-run effects of minimum wage increases on workers and firms.

Study Findings

Economic Impact Evaluation of the City of Minneapolis’s Minimum Wage Ordinance [PDF]

November 1, 2021

Economic Impact Evaluation of the City of Saint Paul’s Minimum Wage Ordinance [PDF]

November 1, 2021

Restaurant worker
New report on initial effects of minimum wage laws in the Twin Cities
Minneapolis Fed issues first of multiple reports tracking impact on wages, jobs, earnings using detailed administrative data
Read the summary

Baseline Findings

The Minneapolis Minimum Wage Increase Baseline Report [PDF]
Presentation to Minneapolis City Council [PDF]
September 13, 2018

The St. Paul Minimum Wage Increase Baseline Report [PDF]
September 30, 2020

Our Researchers

Research interests

macroeconomics, labor economics, productivity, international finance

Research interests

wage and employment dynamics, job mobility, human capital

Research interests

development economics, labor market dynamics, education and human capital development

1 – 12 of 21