Adamopoulou, Erosyni; Manaresi, Francesco; Rachedi, Omar - 2024
Minimum wages generate an asymmetric pass-through of rm shocks across workers. We establish this result leveraging … loss. However, the wage of high-paid workers decreases, and more so in rms with higher incidence of minimum wages. A … novel channel that tilts the welfare gains of minimum wages toward low-paid workers. …