The effects of minimum wages on employment and prices—Evidence from the hairdressing sector
利用行政数据研究理发行业最低工资引入的影响，发现总体就业效应微弱，但工资显著上升，价格大幅提高，表明消费者承担了大部分成本。
This paper provides comprehensive evidence on the labor and product market effects of a high-impact minimum wage introduction in the highly competitive hairdressing sector. Using detailed administrative data, I find negligible overall employment effects, even though the minimum wage substantially increased hourly wages. However, sub-group analyses reveal considerable heterogeneity in the estimated employment effects and suggest shifts away from marginal towards regular employment. Analyses of the price effects suggest that the reform increased output prices considerably, implying that consumers largely paid for the minimum wage.