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"Why a $15 minimum wage would hurt employees" https://thehill.com/opinion/finance/474979-why-a-15-minimum-wage-would-hurt-employees https://thehill.com/opinion/
by Bostonian 7y ago
"Why a $15 minimum wage would hurt employees"
https://thehill.com/opinion/finance/474979-why-a-15-minimum-wage-would-hurt-employees https://thehill.com/opinion/finance/474979-why-a-15-minimum-... discusses a "recent National Bureau of Economic Research study that concluded that minimum wage increases from 1989 to 2013 resulted in “lower bank credit, higher loan defaults, lower employment, a lower entry and a higher exit rate" for small businesses." The underlying paper "Does A One-Size-Fits-All Minimum Wage Cause Financial Stress For Small Businesses?" is at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3417840 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3417840 .