| 来源类型 | Publication |
| 来源ID | NOM Unit Working Paper No. 17-088 |
| Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit | |
| Dara Lee Luca; Michael Luca | |
| 发表日期 | 2017-04-11 |
| 出版者 | Boston, MA: Harvard University Business School |
| 出版年 | 2017 |
| 语种 | 英语 |
| 概述 | The authors study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level.", |
| 摘要 | The authors study the impact of the minimum wage on firm exit in the restaurant industry, exploiting recent changes in the minimum wage at the city level. The evidence suggests that higher minimum wages increase overall exit rates for restaurants. However, lower quality restaurants, which are already closer to the margin of exit, are disproportionately impacted by increases to the minimum wage. Our point estimates suggest that a one dollar increase in the minimum wage leads to a 14 percent increase in the likelihood of exit for a 3.5-star restaurant (which is the median rating), but has no discernible impact for a 5-star restaurant (on a 1 to 5 star scale). |
| URL | https://www.mathematica.org/our-publications-and-findings/publications/survival-of-the-fittest-the-impact-of-the-minimum-wage-on-firm-exit |
| 来源智库 | Mathematica Policy Research (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/488832 |
| 推荐引用方式 GB/T 7714 | Dara Lee Luca,Michael Luca. Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit. 2017. |
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