credit. We find that, for employment, household access to bank loans matters more than firm access to bank loans. In addition …, consumer installment loans may have contributed significantly to the drop in employment in the manufacturing sector …

The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …

of employment across countries and thus a change in the trade-off between wages and employment faced by wage setters …. While the effects of product market integration on the trade-off between wages and employment in general is ambiguous, it is … through trade. Unambiguously, real wages and employment and welfare improve upon reductions in trade frictions, and therefore …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …