The Unexpected Long-Run Impact of the Minimum Wage: An Educational Cascade
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https://www.nber.org/papers/w16355
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资源简介:
Neglected, but significant, the long-run consequence of the minimum wage - which was made national policy in the United States in 1938 - is its stimulation of capital deepening. This took two forms. First, the engineered shortage of low-skill, low-paying jobs induced teenagers to invest in
提供机构:
美国国家经济研究局
创建时间:
2010-09-01



