Bhorat, Haroon; Kanbur, Ravi; Stanwix, Benjamin - In: IZA Journal of Labor & Development 4 (2015) 18, pp. 1-20
order to fully understand the nature of this non-compliance, we need to compare the counterfactual wage distribution without … the minimum wage law to the current wage distribution. Such a comparison could reveal partial compliance, where employers … raise wages some of the way to the minimum wage, to balance out the benefits of non-compliance with the costs and penalties …