Fougère, Denis; Gautier, Erwan; Le Bihan, Hervé - 2009
We examine the effect of the minimum wage on restaurant prices. We contribute to both the study of economic impact of … flexible (S; s) rule. We find a positive and significant impact of the minimum wage on prices. The effect of the minimum wage … on prices is however very protracted. The aggregate impact estimated with our model takes more than a year to fully pass …