Economics, Econometrics and Finance
4 years ago

French Minimum Wage Increases Linked to Strong Job Loss, US Unaffected.

SSRN Electronic Journal
The Tail of Two Countries: Minimum Wages and Employment in France and the United States
Françis Kramarz, John M. Abowd, David Margolis, Thomas Philippon

Paper Summary

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The study looked at how changes in minimum wage affect employment in France and the United States. They found that increasing the minimum wage in France led to fewer people being employed, while in the US, it had no effect on employment. They used data on wages and employment to compare the two countries and found that the impact of minimum wage changes varied between them.