Ashenfelter, Orley; Jurajda, Štěpán - 2024
-level jobs, while the Big Macs (earned) Per Hour (BMPH) index measures corresponding purchasing power of wages. We document large …-2023. Before the Covid-19 pandemic, there was no BMPH growth where minimum wages stayed constant, but the pandemic wage increase …, which diminished the importance of minimum wages, was stronger in these areas. …