In a June 2014 article Silicon Valley’s minimum wage success story, Amy B. Dean cited Chris Benner and Manuel Pastor’s previous research on linking equity and growth.
“Academic research has backed the idea that Silicon Valley’s experience with minimum wage and living wage measures can be applied broadly. As the University of California at Davis’ Chris Benner and the University of Southern California’s Manuel Pastor report in two of their books – This Could Be the Start of Something Big and Just Growth – there is a robust body of regional economic studies showing a strong correlation between shared prosperity and strong private sector growth. In a 2013 paper for the MacArthur Foundation, Benner and Pastor summarized this research, arguing that lower levels of income inequality are the most reliable predictors for longer periods of growth and greater overall employment levels.”
About the book: This Could Be the Start of Something Big >>
About the book: Just Growth >>