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Minimum wages and firm profitability

Draca, Mirko; Machin, Stephen; Van Reenen, John - In: American economic journal : a journal of the American … 3 (2011) 1, pp. 129-151

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Minimum wages and firm profitability

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Minimum wages and firm profitability

Draca, Mirko (contributor); Machin, Stephen (contributor); … - 2006

Although there is a large literature on the economic effects of minimum wages on labour market outcomes (especially employment), there is hardly any evidence on their impact on firm performance. This is surprising: minimum wages appear to have a significant impact on wages, but only a limited...

Persistent link: https://www.econbiz.de/10003253452