Another Look at the Economics of Minimum Wage Legislation
By Richard V. Burkhauser. 2014
118 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/a241f6171c9eb6d0a44caf49cea7a9d629b2f2e0
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Citations in the corpus
- Minimum Wages and Racial Inequality* (2020, background): “In a monopsony model, an increase in the minimumwage leads to positive employment effects if the new minimum wage falls between the wage paid by a monopsonist and the wage paid by a perfect competitor (Stigler, 1946).”