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 … from home industry. Assuming a perfectly competi- tive labor market, the model predicts a 2.5 to 3.5 percent fall in … model, we can place fairly tight bounds on the elasticity of demand for labor with the most plausible parameter values …