We document firms' adjustment channels to minimum wage regulation, leveraging an unexpected Supreme Court ruling mandating the Swiss canton Neuchâtel to enforce a minimum hourly wage of around CHF20 (approx. USD 20) previously accepted via popular ballot. Given policy discontinuity at cantonal...

While minimum wage is widely debated at both academic and political levels, little attention has been dedicated to documenting and assessing the implementation of and compliance with minimum wage policies. This paper begins to fill this research gap by identifying and qualitatively assessing a...

Minimum wage policy supported by a strong social policy is an efficient mechanism against poverty and income erosion of the poorest households. Minimum wage is one of the instruments which can control wage dispersion and in this way reduce income inequality. It can also help to prevent a general...