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We assess alternative research designs for minimum wage studies. States in the U.S. with larger minimum wage increases differ from others in business cycle severity, increased inequality and polarization, political economy, and regional distribution. The resulting time-varying heterogeneity...
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This paper documents and examines the demographic characteristics of the workforce in the context of unemployment and long-term unemployment with an emphasis on recessions. We first look at the historical tracking of unemployment and long-term unemployment. Long-termers, those out of work for at...
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