What happens to consumption when the minimum wage increases?
In recent years, the debate over the minimum wage has gained renewed relevance. This blog has extensively discussed the role of the minimum wage (here, here, here, or here), its effects on employment, and inequality (here and here), but much less has been discussed about the channel that is fundamental to understanding its impact on well-being: household consumption. In this…
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What happens to consumption when the minimum wage increases?
In recent years, the debate over the minimum wage has gained renewed relevance. This blog has extensively discussed the role of the minimum wage (here, here, here, or here), its effects on employment, and inequality (here and here), but much less has been discussed about the channel that is fundamental…
Dynamic Capital Ltd IPO gets oversubscribed by over five times on Day 20
Credit Suisse just rehired a specialty-finance dealmaker who’s a double boomerang
ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech
Credit Bank, which offers loans to people without credit score, has raised $15M
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July, 2021
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