"We conclude that the evidence still shows that minimum wages pose a tradeoff of higher wages for some against job losses for others, and that policymakers need to bear this tradeoff in mind when making decisions about increasing the minimum wage." — Working paper, National Bureau of Economic Research, January 2013.
"a proposal by the governor to increase the state's hourly minimum wage to $8.75, from $7.25." — "Cuomo Unveils Proposed State Budget," New York Times, January 22, 2013.
