) increased entry of high-wage firms boosts the effect of rising schooling attainment on mean log wages by 25%, and (iii) the …

have opted for steep minimum wage hikes, which we find have especially improved Hispanics' relative wages, both because … they continue to earn low wages and because they reside disproportionately in those states. Finally, we make predictions …

This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages …

advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of … higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …

examination of the post-Great Recession era -- which saw frequent, large increases in state minimum wages -- failed to uncover …