Examine the issue of raising the minimum wage.

Assignment Help Econometrics
Reference no: EM13975520

The topic of my research paper will cover the effects of raising the minimum wage in various parts of the United States and go over some of the positive aspects of this action as well as the negative aspects of this public policy which is just one of the several public policies that many do not agree upon.

The Policy Research Paper is a five unit-long project that allows you the opportunity to examine the issue of raising the minimum wage. Policy papers typically have one main agenda: address a current issue or policy and propose/evaluate alternative policies that seek to improve the current state.

Policy papers tend to be very methodical, as a similar process is used each time to evaluate the different policies you are advocating to your client. While literature papers focus primarily on textual analysis and building one's argument, policy papers focus much more on organization, thoroughness, and execution. Basically, if your client only has 15 minutes to read your policy memo during his or her commute from the office to city hall, you want to make it easy for him or her to navigate through your paper.

Your paper should contain a comprehensive assessment of the problem, the proposed (or actual) policy, and the potential (or actual) consequences of implementation of that policy. When you write your paper, you should think of yourself as a staff person who must advise a policy maker facing a problem that must be resolved in the near future. As this staff person, adopt one of the perspectives of public management as presented in this module, and frame your responses around this approach.

The structure of public policy papers is different from typical papers and requires certain elements and sections in addition to the traditional thesis, introduction, and conclusion.

When writing your public policy paper, make sure to include the following sections:

Executive Summary: This goes at the very front of your paper and is a summary or abstract of your analysis. It is essential that you include your policy recommendation here.

Introduction: Explains to your audience why the issue/policy you have chosen to investigate is important and relevant and what the current policy is. References to other research done on this issue can be included here as well.

Criteria: Let the reader know what criteria you are using to evaluate your policies. Economic feasibility, political feasibility, and environmental impact are common criteria. Criteria should also be unique to your chosen policy/issue.

Alternatives: These are the policies you are analyzing and evaluating in your paper. Alternative policies seek to improve on current policy and/or approach issues from different perspectives. These alternatives are evaluated on the criteria you have listed out above.

Projected Outcomes and Tradeoffs: This section can be included in the evaluation of each alternative policy or set apart on its own. Much of your individual analysis and opinion falls under this section, as you are called upon to not only predict the effects and efficiency of your policies, but also assess the negatives and positives of your alternatives.

Recommendation and Discussion: Here is where you finally decide among your alternatives and advocate your policy. Remember not to simply repeat what you have covered under Alternatives and Projected Outcomes and Tradeoffs, but explain why your client should follow your analysis and enact the policy you have chosen.

Your paper must:

be a minimum of 800 words;

follow APA style; and

The cover page and the reference page are not included in the required assignment page length.

Reference no: EM13975520

Questions Cloud

Established as amazin'' software by an ex-apple marketing : Established as Amazin' Software by an ex-Apple marketing executive named Trip Hawkins, Electronic Arts (EA) was a pioneer in the home computer-game industry. From the outset, EA published games created by outside developers-a strategy that offered hi..
Why choose that approach : Why choose that approach? And what are the estimated associated costs, compared with the alternative? (You'll need to make some educated guesses here  don't worry about being exact.)
Eynthesize the organization''s readiness : Using the organization that your professor has preapproved, synthesize the organization's readiness for change. Evaluate whether or not to implement your new program, policy, practice, or procedure. Use a tablet, smartphone, laptop, desktop, or tradi..
Null hypothesis that the defendant : In the judicial system, the defense attorney argues for the null hypothesis that the defendant is innocent.  In general, what would be the result if judges instructed juries to
Examine the issue of raising the minimum wage. : The structure of public policy papers is different from typical papers and requires certain elements and sections in addition to the traditional thesis, introduction, and conclusion.
The most important recruiting metrics : If you needed to hire researchers who are key to your company's competitive advantage, what recruitment outcomes would you focus on? If you were hiring cashiers for a low-cost retail store, what recruitment outcomes would you focus on? Why do your an..
Formulate appropriate null and alternative hypotheses : For each of the following statements, formulate appropriate null and alternative hypotheses. Indicate whether the appropriate test will be one-tail or two- tail, then sketch a diagram that shows the approximate location of the "rejection" region(..
What is the current market price of bonds : What is the future value of $950 paid on the last day of each 6 months for 12 years assuming an interest rate of 11 percent compounded semiannually - What is the current market price of these bonds?
Air traf?c controllerscontrol air traf?c : Air Traf?c ControllersControl air traf?c on and within vicinity of airport and movement of air traf?c between altitude sectors and control centers according to established procedures and policies. Authorize, regulate, and control commercial airline ?..

Reviews

Write a Review

Econometrics Questions & Answers

  What is the monopolists total cost function

Suppose a monopolist can purchase Labor at a price w = 36 and can purchase Capital at a price r = 25. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 180 - 3Q.

  How many units are produced at the second facility

1) What total output (Q1 + Q2) will you produce to maximize profits 2) Of the total output in part (1), how many units are produced at teh first facility (what is Q1) 3) Of the total out put in part (1), how many units are produced at the second faci..

  Determine the total number of holes dug

To dig a hole, it takes one person (P) and one shovel (S). The total number of holes dug is given by the production function h=f(P,S)=min(P,S). If you currently have 2 persons and 4 shovels, what is the marginal product of persons

  What is the per worker production function

Suppose initially (period 0) the economy is endowed with $5 (billion) of capital stock and 10 (thousand) workers (let's ignore the units). We know that saving rate s is 0.15, population growth rate n is 0.01 and depreciation rate d is 0.09.

  What happens to accounting and economic costs

Before Sarah quit her job as a carpenter, she was earning $35,000 per year. She rented a building for $12,000 per year and opened a cabinet shop. She spends $148,000 per year for labor, materials, utilities, and advertising.

  Estimate the cost of the 600-mw plant

A company desires to estimate the cost of building a 600-MW fossil-fuel plant for the assembly of its new long-distance aircraft. It is known that a 200-MW plan cost $100 million 20 years ago when the approximate cost index was 400, and the cost i..

  Question about price ceiling

Acme Water is a privately owned firm that is sole supplier of water to a rural town in Pennsylvania. The owner of company has provided the manager of firm an incentive to maximize company's profits,

  How the firms produce the goods q1and q2 separately

Two firms currently produce the goods q1and q2separately. Their cost functions are C(q1) =25 + q1, and C(q2) = 35 + 2q2. By merging, they can produce the two goods jointly with costs described by the cost function C(q1, q2) = 45 + q1+ q2.

  Why bob and joe are always in a state of equilibrium

In city B, the value of an apartment also falls the further it is from the business center, yet the fall goes down gradually. For example, an apartment one kilometer away will lose 20 percent of its value and an apt 2 kilometers away will lose onl..

  Calculate the supply and demand elasticities

Consider that the U.S. supply of ethanol follows the function S(p) = 5p, and that the US demand for ethanol is D(p) = 13.5 - 2.5p. Without any government role, there are in equilibrium 9 Billion gallons/year transacted at a price of $1.80/gallon.

  In the counry of economica the total labor force consists

in the counry of economica the total labor force consists of 10000 workers 400 of these workers are unemployed and this

  How much does it sell to each group and at what price

A firm with costs C(Q) = 1; 000 + 60Q + 0:1Q2 is able to price-discriminate between two groups of customers, with demands Q1 = 3; 000-2p, and Q2 = 350-0:5p respectively. How much does it sell to each group, and at what price

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd