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This paper shows that retailers increase prices in response to organized retail crime. We match store-level crime data to scanner data from the universe of transactions for cannabis retailers in Washington state. Using quasi-experimental…

综合经济学 · 经济学 2024-10-22 Carl Hase , Johannes Kasinger

Traditionally, the impact of minimum wages on employment has been studied, and it is generally believed to have a negative effect. Yet, some recent studies have shown that the impact of minimum wages on employment can sometimes be positive.…

综合经济学 · 经济学 2025-08-12 Asahi Sato

Much like small ripples in a stream, which get lost in the larger waves, small changes in retail prices often fly under the radar of public perceptions, while large price changes appear as marketing moves associated with demand and…

综合经济学 · 经济学 2025-12-03 Xiao Ling , Sourav Ray , Daniel Levy

This paper asks whether regional wage differences can identify the effects of a national minimum wage. I study two common exposure-based approaches: effective-minimum-wage designs, which compare the minimum wage to contemporaneous local…

计量经济学 · 经济学 2026-05-29 Daniel Haanwinckel

This paper analyzes whether a minimum wage should be used for redistribution on top of taxes and transfers. I characterize optimal redistribution for a government with three policy instruments -- labor income taxes and transfers, corporate…

综合经济学 · 经济学 2022-12-08 Damián Vergara

Workers who earn at or below the minimum wage in the United States are mostly either less educated, young, or female. Little is known, however, concerning the extent to which the minimum wage influences wage differentials among workers with…

综合经济学 · 经济学 2022-06-13 Tatsushi Oka , Ken Yamada

The finding of small price changes in many retail price datasets is often viewed as a puzzle. We show that a possible explanation for the presence of small price changes is related to sales volume, an observation that has been overlooked in…

综合经济学 · 经济学 2024-03-13 Doron Sayag , Avichai Snir , Daniel Levy

This paper examines the impact of increasing minimum wages, focusing primarily on their effect on employment. Our research involved analyzing the statistics of panel data, testing fixed effects and stationary, conducting linear regression,…

综合经济学 · 经济学 2025-03-26 Junhan Lyu , Tianle Zhai , Zicheng Peng , Xuhang Huang

How a shock to an individual sector propagates to the prices of other sectors and aggregates to GDP depends on how easily sectoral goods can be substituted in production, which is determined by the intermediate input substitution…

综合经济学 · 经济学 2026-02-03 Jacob Toner Gosselin

The recent rise of sub-national minimum wage (MW) policies in the US has resulted in significant dispersion of MW levels within urban areas. In this paper, we study the spillover effects of these policies on local rental markets through…

综合经济学 · 经济学 2024-08-28 Gabriele Borg , Diego Gentile Passaro , Santiago Hermo

How labor markets adjust immediately after minimum wage hikes remains an open, policy-relevant question. This paper studies short-run minimum-wage effects in Japan's spot labor market using Timee data and a wage-bin…

综合经济学 · 经济学 2026-03-17 Hayato Kanayama , Sho Miyaji , Suguru Otani

We study the long-term effects of the 2015 German minimum wage introduction and its subsequent increases on regional employment. Using data from two waves of the Structure of Earnings Survey allows us to estimate models that account for…

综合经济学 · 经济学 2023-10-25 Marco Caliendo , Nico Pestel , Rebecca Olthaus

Studies of micro-level price datasets find more frequent small price increases than decreases, which can be explained by consumer inattention because time-constrained shoppers might ignore small price changes. Recent empirical studies of…

综合经济学 · 经济学 2025-06-27 Daniel Levy , Haipeng , Chen , Sourav Ray , Elliot Charette , Xiao Ling , Weihong Zhao , Mark Bergen , Avichai Snir

This paper analyzes the impact of the National Minimum Wage from 2001 to 2021. The MNW increased from 505.7/month (2001) to 1,108.3/month (2021). Using the data provided by the Spanish Tax Administration Agency, databases that represent the…

综合经济学 · 经济学 2025-06-25 Marcos Lacasa Cazcarra

This paper examines how loss aversion affects wages offered by employers and accepted by job seekers. I introduce a behavioral search model with monopsonistic firms making wage offers to job seekers who experience steeper disutility from…

综合经济学 · 经济学 2026-03-17 Ross Chu

I study the role of minimum wage as an anchor for judgements of the fairness of wages by both human subjects and artificial intelligence (AI). Through surveys of human subjects enrolled in the crowdsourcing platform Prolific.co and queries…

综合经济学 · 经济学 2024-04-09 Dario G. Soatto

Ride-sourcing platforms such as Uber and Lyft are prime examples of the gig economy, recruiting drivers as independent contractors, thereby avoiding legal and fiscal obligations. Although platforms offer flexibility in choosing work shifts…

新兴技术 · 计算机科学 2025-09-16 Farnoud Ghasemi , Arjan de Ruijter , Rafal Kucharski , Oded Cats

An important goal of online comparison shopping services is to "convert" a viewer from general product category pages (for example product groups such as "smartphones" or "air-conditioners") to detailed product pages and ultimately to order…

计算机与社会 · 计算机科学 2016-10-19 Patrick Ng , Drew Plant , Yiran Sheng

This paper evaluates the impact of the German minimum wage policy on firms' financial leverage. By using a comprehensive firm-establishment-employee linked dataset and a difference-in-differences estimation with firm-level variation in…

综合经济学 · 经济学 2024-08-08 Ying Liang

We present a study of price impact in the over-the-counter credit index market, where no limit order book is used. Contracts are traded via dealers, that compete for the orders of clients. Despite this distinct microstructure, we…

交易与市场微观结构 · 定量金融 2016-09-16 Zoltan Eisler , Jean-Philippe Bouchaud
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