Should we raise the minimum wage? An analysis beyond economic models
Update: 2022-05-14
Description
The minimum wage law is a constantly debated issue amongst economists and politicians, and there have been multiple pieces of research on the topic for and against this measure. In light of the work of US-based economists David Card and Alan Krueger, who won the Nobel Prize in economics last year, let's analyze the basic theory and update it based on this recent work. We will also explore the current socioeconomic environment and the effects such a policy could have on us.
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