minimum wage - Publications - Faculty & Research

10 Dec 2014
Research & Ideas

Minimum Wage Debate Is Really About Social Values

Suddenly, the minimum wage debate is on high boil. Perhaps spurred by growing concern over wealth inequality, minimum wage proposals are heating... View Details

Keywords: by April White; Retail; Manufacturing

13 Jan 2017
News

Higher Minimum Wage May Have Losers

24 Apr 2017
News

Mediocre Restaurants Lose Out as Minimum Wages Rise

28 Jun 2017
Research & Ideas

Minimum Wage Hikes Drive (Lousy) Restaurants Out of Business

Minimum wage hikes can drive poor-quality restaurants out of business. (Source: AndresCalle) A hike in the minimum wage can push restaurants out... View Details

Keywords: by Dina Gerdeman; Food & Beverage

10 Oct 2018
News

Amazon’s $15 Minimum Wage Might Cost Some Workers

09 May 2017
News

The Minimum Wage Eats Restaurants

Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit

Abstract: We study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level. The evidence suggests that higher minimum wages increase overall exit rates for restaurants. However, lower... View Details

2018
Working Paper

Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit

By: Dara Lee Luca and Michael Luca

We study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level. We find that the impact of the minimum wage depends on whether a restaurant was already close to the margin of exit.... View Details

Keywords: Wages; Business Exit or Shutdown; Food and Beverage Industry

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