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The Effects of Minimum Wages on Employment: Theory and Evidence from the US

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NBER1994-05-01 更新2025-01-04 收录
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Recent work on the economic effects of minimum wages has stressed that the standard economic model, where increases in minimum wages depress employment, is not supported by the empirical findings in some labour markets. In this paper we present a theoretical framework which is general enough to

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1994-05-01
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