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We examine the effect of the minimum wage on restaurant prices. We contribute to both the study of economic impact of the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual price quotes collected to calculate the Consumer Price...
Persistent link: https://www.econbiz.de/10010269191
Using several unique data sets on wage agreements at both industry and firm levels inFrance, we document stylized facts on wage stickiness and the impact of wage-settinginstitutions on wage rigidity. First, the average duration of wages is a little less than one yearand around 10 percent of...
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We examine the effect of the minimum wage on restaurant prices. We contribute to both the study of economic impact of the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual price quotes collected to calculate the Consumer Price...
Persistent link: https://www.econbiz.de/10003825142
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