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Making the Monopsony Argument for Minimum Wages More Evidence-Based—José Azar, Emiliano Huet-Vaughn, Ioana Elena Marinescu, Bledi Taska and Till Von Wachter

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39 Pages Posted: 10 Jul 2019 See all articles by José AzarUniversity of Navarra, IESE Business School; CEPRUCLAUniversity of Pennsylvania - School of Social Policy & Practice; National Bureau of Economic Research (NBER)Burning Glass TechnologiesUniversity of California, Los Angeles (UCLA) - Department of Economics There are 2 versions of this paper Date Written: July 5, 2019 Abstract Why is the employment effect of the minimum wage frequently found to be close to zero? Theory tells us that when wages are below marginal productivity, as with monopsony,

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39 Pages Posted: 10 Jul 2019

See all articles by José Azar