Trade and Minimum Wages in General Equilibrium: Theory and Evidence
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This paper develops a new model with heterogeneous firms under perfect competition in a Heckscher-Ohlin setting. We derive a novel prediction regarding the effect of minimum wages on selection, namely that a binding minimum wage will raise (or lower) TFP at the firm and industry level depending on
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美国国家经济研究局创建时间：
2018-04-01
