Minimum Wage in a Multi-Tier Search and Wage-Posting Model with Cross-Market Substitutions
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While minimum wage policy is widely adopted in the real world, can it effectively raise the average wage of lower paid jobs without having large detrimental consequences for employment? The empirical literature fails to establish robust findings. We develop a general-equilibrium search and wage
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美国国家经济研究局创建时间：
2019-10-01
