Using store-level and aggregated Consumer Price Index data, we show that restaurant prices rise in response to minimum … provide evidence against the importance of monopsony power for understanding small observed employment responses to minimum … wage changes. Our estimated price responses challenge other explanations of the small employment response too …

the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate the Consumer Price Index in France and we estimate a price rigidity model based on a … through to retail prices. -- Price stickiness ; minimum wage ; inflation ; restaurant prices …

We examine the effect of the minimum wage on restaurant prices. For that purpose, we estimate a price rigidity model by … exploiting a unique dataset of individual price quotes used to calculate the Consumer Price Index in France. We find a positive …

the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate theConsumer Price Index in France and we estimate a price rigidity model based on a …

imply that frictions help explain minimum wage effects. -- minimum wage ; labor market flows ; monopsony ; Bayesian …

employment in response to a 10 percent minimum wage change. We then introduce monopsony power in local la- bor markets. We … identify the extent of monopsony power using information on the degree to which minimum wage cost shocks are passed on to … to an increase in the minimum wage, the monopsony model potentially implies that employment can rise and prices fall in …