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> the researchers find that a 10 percent rise in average Amazon wages is associated with an increase of 2.3 percent in the average advertised wage at non-Amazon
by linspace 5y ago
> the researchers find that a 10 percent rise in average Amazon wages is associated with an increase of 2.3 percent in the average advertised wage at non-Amazon firms in the same labor market.
> When large retailers raise minimum wages, there are also small drops in employment. The estimates range from a 0.4 percent to a 1.3 percent decline in employment
If I read correctly then it's a net gain for employees even with worst case drop in employment. I think it's interesting because drop of employment is a usual complaint against raising the minimum wage