Whats the minimum wage for servers in CT?
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This ratio should be at least 3.0 so the minimum wage could set off spontaneous random diffusion of employee’s human capital. | |
The minimum wage confers more money income on low‐skilled workers and creates some distortion in the optimum combination of wage rate and effort level. | |
The small employment effects found in much of the literature, the author argues, at least partly reflect the estimates' inclusion of local labor markets where the minimum wage is not binding. | |
In this setup, there is no room for a minimum wage. | |
16 Citations | This paper argues that local labor markets are heterogeneous, in that the impact of the minimum wage is concentrated in specific markets. |
27 Nov 2015 | We find some evidence of minimum wage impacts on wages and employment for limited groups. |
The findings reveal substantial heterogeneity in the impact of the minimum wage on employment across groups, with both positive and negative effects and geographical patterns manifesting in the data. |
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