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We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of … suffers from two sources of bias and propose an IV strategy to address both. We find that the minimum wage reduces inequality …
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We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that … minimum wage raises inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are …
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