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analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment … unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …-segment variation of the estimated effects is mostly driven by firm productivity levels rather than by search frictions or the …
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analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment … unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …-segment variation of the estimated effects is mostly driven by firm productivity levels rather than by search frictions or the …
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