The Minimum Wage, Restaurant Prices, and Labor Market Structure
By Daniel Aaronson, Eric French, J. Macdonald. The Journal of human resources, 2008
142 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Marketing
View Paper: https://www.semanticscholar.org/paper/591702b9bdfde5ac4d07a7b33aab8fe0fde6fadf
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Jeffrey P. Clemens
- A. Lindner
- Michael J. Wither
- Ellora Derenoncourt
- Claire Montialoux
- Thomas MaCurdy
- Peter Harasztosi
- Alan Manning
In Marketing
Citations in the corpus
- How Effective Is the Minimum Wage at Supporting the Poor? (2015, background): “One set of studies directly estimates price impacts ðe.g., Card and Krueger 1995; Aaronson 2001; Lemos 2006; MacDonald and Aaronson 2006; Aaronson, French, and MacDonald 2008Þ. Aaronson ð2001Þ, for example, explores the effects of increasing the minimum wage on restaurant prices using a competitive…”
- Minimum Wages and Racial Inequality* (2020, background): “In theory, price responses to the 1967 reform in product markets could be used to understand the importance of monopsony power in these sectors and regions during this historical period (Aaronson et al., 2008). However, there is a lack of data on sectoral prices by states during these years. Neither”
- The minimum wage and the Great Recession: Evidence of effects on the employment and income trajectories of low-skilled workers (2014, background): “We note that the literature has long considered the minimum wage’s potential effects on prices (Aaronson, 2001; Aaronson, French, and MacDonald, 2008) as well as on the bargaining positions of workers for which θi,tai,t exceeds wmint (Lee, 1999; Autor, Manning, and Smith, 2016).”
- Product Market Evidence on the Employment Effects of the Minimum Wage (2003, unknown): “…the specification.29 Furthermore, allowing for the inferred amount of monopsony from table 2, the regression coefficient g should be between 0.15 and 0.21.30 Using a panel of city level data, Aaronson et al. (2005) find that this regression has a coefficient of 0.36 with a standard error of 0.24.”
- Who Pays for the Minimum Wage? (2019, result): “The graph provides further support for the findings in Table 4.”