Some research on the topic: no noticeable impact of minimum wage on employment in Germany after it was introduced https://journals.sagepub.com/doi/abs/10.1177/0959680117718661 …pic.twitter.com/2d2OfjagUt
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Some research on the topic: no noticeable impact of minimum wage on employment in Germany after it was introduced https://journals.sagepub.com/doi/abs/10.1177/0959680117718661 …pic.twitter.com/2d2OfjagUt
Another European study: minimum wages can have a negative effect on employment rates, but they can also have a positive impact https://onlinelibrary.wiley.com/doi/abs/10.1111/geer.12135 …pic.twitter.com/Q6T4rwpUDe
Some Australia evidence: wage increases entirely passed on to workers, no impact on hours worked or employment https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-06.pdf …pic.twitter.com/5ARPB4WqlR
A counterfactual from Denmark: minimum wages that only kick in at 18yo are associated with a reduction in hours worked This could also be seen as good, because while people work a bit less their income does not decrease https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3255446 …pic.twitter.com/Hevq7Xdwog
The problem - as all of these studies note - is that the wage/employment interaction is fiendishly complex and making blanket statements on it is usually unwise
I agree that there evidence paints a mixed picture, but what's your bar for good evidence? Also, I'm suspicious of the move from "no good evidence of reduced employment" to "reduced employment doesn't happen in practice." Certainly there's evidence pointing in both directions.
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