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Using store-level and aggregated Consumer Price Index data, we show that restaurant prices rise in response to minimum … provide evidence against the importance of monopsony power for understanding small observed employment responses to minimum … wage changes. Our estimated price responses challenge other explanations of the small employment response too …
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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 Index in France and we estimate a price rigidity model based on a … through to retail prices. -- Price stickiness ; minimum wage ; inflation ; restaurant prices …
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We examine the effect of the minimum wage on restaurant prices. For that purpose, we estimate a price rigidity model by … exploiting a unique dataset of individual price quotes used to calculate the Consumer Price Index in France. We find a positive …
Persistent link: https://www.econbiz.de/10013138022
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 theConsumer Price Index in France and we estimate a price rigidity model based on a …
Persistent link: https://www.econbiz.de/10012764170