minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment …. A minimum wage is an appropriate instrument for redistribution if and only if the public revenue gains from additional … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment …. A minimum wage is an appropriate instrument for redistribution if and only if the public revenue gains from additional … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient …

wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a … comprehensive test of monop-sony theory by using labor market concentration as a proxy for monopsony power. Labormarket …