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The weight of research opinion against minimum wage hikes continues to shift
marginalrevolution.com/marginalrevolution/2025/09/the-weight-of-research-opinion-against-minimum-wage-hikes-continues-to-shift.html
This piece is by DuckKi Cho and is titled “Downward Wage Rigidity and Corporate Investment”:
Firms reduce investment when facing downward wage rigidity, the inability or unwillingness to adjust wages downward. To document this behavior, I exploit staggered state-level changes in minimum…
This story appeared on marginalrevolution.com, 2025-09-17 07:27:05.