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David Watson 🥑
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Jeffrey P. Clemens
@jeffreypclemens
Our basic empirical finding is well contained within Figure 1 (copied below), though please do read the paper for technical details, as well as a discussion of the economic implications of the size of the relative price increases we see in the data:
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Jay Schulhof
@jayschulhof
Same thing is happening in Denver. So many small businesses have been closing, only large chains seem to be able to take up new leases
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Natascha Li (李纳莎)
@nataschanashali
NBER you contemptible non-peer-reviewed gatekeepers pretending to be the final word on economics, tweeting this fast food wage paper like it’s settled science while your working papers are not peer-reviewed and yet they get treated as authoritative by politicians who use them to
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Dillon Donnelly
@1wordplastics
Do you have data on actual employer compliance with the wage mandate? Most studies treat passage as full enforcement, but labor law violations are common — especially among small employers — and enforcement is minimal.
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Krustchef
@krustchef28091
What happened to employment relative to expected? (Absolute terms not helpful unless huge movement) Anyway, you'll see robots soon.
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David Bowie
@DavidB74129
After reading the entire summary the effects seem inconclusive on certain issues The KEY ISSUE with raising the minimum wage was NOT in prices but on employment. Businesses can’t afford to keep all staff due to price raise and this paper does not address. On wage increase 1/2
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