Three minimum wage papers walk into a bar...
A Cengiz, et al. (2019), Clemens and Strain (2021) and Callaway and Sant'anna (2021) explainer
Introduction
What is the effect of the minimum wage on labor markets? It mechanically raises the wages of employed workers at the bottom end of the wage distribution. But its effect on the overall employment of that group of workers has been debated by economists for decades. Given US states and the federal government regularly experiment with higher …
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