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A rapidly growing number of US cities have decided to set local minimum wages. Are minimum wages set at city level a good idea? This study examines the main trade-offs emerging from the local variation in minimum wage policies.
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https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.35.1.27
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View allA rapidly growing number of US cities have decided to set local minimum wages. Are minimum wages set at city level a good idea? This study examines the main trade-offs emerging from the local variation in minimum wage policies.
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Arin Dube describes his study that found that, on average, raising the minimum wage increased the income of poor workers.