Economics: Higher Education linked to lower minimum wage in the US

Patrick Zoro speaks with Dr. Christos Pargianas about his recently published research article: "Education and the minimum wage in the US." The article shows that the larger proportion of individuals with college degrees has pushed the level of the minimum wage lower. Dr. Pargianas offers a most interesting explanation as to why that is. We also get to talk about the potential economic impact of lower taxes in the US. Dr. Pargianas is an Associate Professor of Economics at the University of Scranton. He received his B.A. from the Aristotle University of Thessaloniki in Greece. He holds one M.A. from the University of Macedonia in Greece and one M.A. from Brown University. Christos received his Ph.D. from Brown University in 2011. His areas of research are Macroeconomics, Economic Growth, International Economics, and Political Economy. He has published articles in Macroeconomic Dynamics, Open Economies Review, and Applied Economics Letters. " For link to the research article: http://dx.doi.org/10.1080/13504851.2017.1332738