Hints and tips:
...Evidence from the UK shows that there is some profitability reduction for firms, but no effect on firm exits (Draca et al., 2011). The minimum wage is a powerful redistributive tool (Freeman, 1996)....
...We await the response of Rosenberg et al with interest. Fight, fight, fight. —- And in case anyone is interested — here’s Birinyi’s performance so far this year: Clearly, it’s been a tough month!...
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