Aaronson, Daniel (contributor); French, Eric (contributor) - 2003 - [Elektronische Ressource]
"We calibrate a model of labor demand to infer the employment responseto a change in the minimum wage in the food away … employment in response to a 10 percent minimum wage change. We then introduce monopsony power in local la- bor markets. We … identify the extent of monopsony power using information on the degree to which minimum wage cost shocks are passed on to …