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Minimum Wages, Efficiency and Welfare

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NBER2022-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29662
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资源简介:
It has long been argued that a minimum wage could alleviate efficiency losses from monopsony power. In a general equilibrium framework that quantitatively replicates results from recent empirical studies, we find higher minimum wages can improve welfare, but most welfare gains stem from
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2022-01-01
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