The elusive employment effect of the minimum wage
There is a huge body of empirical research on the employment effect of the minimum wage that has failed to clearly demonstrate the negative effect that so many economists strongly believe to find. This paper reviews the reasons for this and argues that the literature needs to re-focus to further our knowledge on the topic.
6 May 2016 Paper Number CEPDP1428
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This CEP discussion paper is published under the centre's Labour markets programme.