Chletsos, Michael; Giotis, Georgios P. - Volkswirtschaftliche Fakultät, … - 2015
Until the early 90’s a strong consensus existed among economists that minimum wage has negative employment effects. However, in 1992, the studies by Card (1992a) and Katz and Krueger (1992), who found insignificant and slightly positive effects, respectively, came to create a schism. Since...