Title
Channels of Adjustment in Labor Markets: the 20072009 Federal Minimum Wage Increase in the United States,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
This goal of this dissertation is to explore a number of adjustment channels that can explain the paradox of the small and insignificant employment effects uncovered in the minimum wage literature. Specifically, the economic impact of the most recent 20072009 Federal minimum wage increase (from $5.15 to $7.25 an hour) is analyzed using a sample of quickservice restaurants in Georgia and Alabama. In contrast to prior studies, storelevel biweekly payroll records for individual employees are used, allowing greater precision in measuring the relative costimpact of the MW on establishments. Despite significant variation in the costimpact of the threestage MW increase across establishments, regression analysis finds lack of a negative effect on employment and hours following each MW increase. Additional channels of adjustment are explored using unique data from manager surveys. Evidence suggests that higher product prices, lower profit margins, wage compression, reduced turnover and higher performance standards largely account for insignificant employment effects.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.