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Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit

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NBER2019-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25806
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资源简介:
We study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level. We find that the impact of the minimum wage depends on whether a restaurant was already close to the margin of exit. Restaurants with lower ratings are
提供机构:
美国国家经济研究局
创建时间:
2019-05-01
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