Replication data for: Who Pays for the Minimum Wage?
- Harasztosi, Peter
- Lindner, Attila
AbstractThis paper provides a comprehensive assessment of the margins along which firms responded to a large and persistent minimum wage increase in Hungary. We show that employment elasticities are negative but small even four years after the reform; that around 75 percent of the minimum wage increase was paid by consumers and 25 percent by firm owners; that firms responded to the minimum wage by substituting labor with capital; and that disemployment effects were greater in industries where passing the wage costs to consumers is more difficult. We estimate a model with monopolistic competition to explain these findings.
Is supplement to
DOI: 10.1257/aer.20171445 (Text)
Harasztosi, Peter, and Attila Lindner. “Who Pays for the Minimum Wage?” American Economic Review 109, no. 8 (August 2019): 2693–2727. https://doi.org/10.1257/aer.20171445.
- ID: 10.1257/aer.20171445 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07