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We present a dynamic policy simulation analysing what would have happened to wages, employment, and total hours had the federal minimum wage increased in September 1998, a year after the last actual increase in our data. Prior work suggests that employment responses take 6 years to play out....
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The authors perform a meta-analysis of more than 200 published studies on the effects of raising the minimum wage to determine impacts on employment, wages, and more.
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Out-of-sample employment forecasts for 33 U.S. industries which are likely to be sensitive to the federal minimum wage are, more often than not, more accurate when information about the minimum wage is not taken into account. This is true even in instances where this information improves wage...
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The Retail Food Industry Center established the Supermarket Panel in 1998 as the basis for ongoing study of the supermarket industry. The Panel is comprised of individual stores that provide information annually on store characteristics, operations, and performance. The Panel has two overall...
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Consumers make choices about where to shop based on their preferences for a shopping environment and experience as well as the selection of products at a particular store. This study illustrates how retail firms and marketing analysts can utilize data mining techniques to better understand...
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