An Assortment of Thoughts on the Minimum Wage
Michigan’s minimum wage goes up to $8.15/hour on Labor Day. Student workers at my school have had their maximum weekly hours cut from 8 to 6 1/2. Santa Fe, New Mexico substantially increased its...
Tagged: NBER
Do Not Honor Mom and Pop
“We conclude that the growth in modern retail, characterized by modern chains of midern establishments with more levels of hierarchy, is raising wage rates relative to traditional mom-and-pop retail stores.”
