This paper examines the impact of minimum wages on earnings and employment in selected branches of the retail …

This paper exploits survey information on reservation wages and data on actual wages from the European Community …

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 …