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Statistical analysis of the effect of the minimum wage on employment, has been very active for the last quarter century. More than 60 analyses using U.S. data have appeared since the exchange between David Neumark and William Wascher, and David Card and Alan Krueger in the AER (December 2000)....
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Regression coefficients cannot be interpreted as causal if the relationship can be attributed to an alternate mechanism. One may control for the alternate cause through an experiment (e.g., with random assignment to treatment and control) or by measuring a corresponding confounding variable and...
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While the determinants of Major League Baseball attendance have been thoroughly researched, the literature is conspicuously incomplete in regard to the attendance effects of star players. Addressing two concerns in the research, this study develops two measures of players’ star power and,...
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