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minimum wages depress employment, is not supported by the empirical findings in some labour markets. In this paper we present … employment, but which also allows for the possibility of a neutral or a positive effect. The model structure is based on labour … economic wisdom but in line with several recent studies, do not have a negative impact on employment. If anything, the …
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adverse employment effects, nor firm closure. Rather the margin of adjustment used to offset the sizable wage cost shock was a … wages rose in tandem with the higher adult minimum wage, but with no impact on their employment. Based on further empirical …
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