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• W3097941428 abstract "Abstract This paper estimates the pass-through of minimum wage increases into the prices of U.S. grocery and drug stores. We use high-frequency scanner data and leverage a large number of state-level increases in minimum wages between 2001 and 2012. We find that a 10% minimum wage hike translates into a 0.36% increase in the prices of grocery products. This magnitude is consistent with a full pass-through of cost increases into consumer prices. We show that price adjustments occur mostly in the three months following the passage of minimum wage legislation rather than after implementation, suggesting that pricing of groceries is forward-looking." @default.
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• W3097941428 date "2022-09-01" @default.
• W3097941428 modified "2023-10-17" @default.
• W3097941428 title "The Pass-Through of Minimum Wages into U.S. Retail Prices: Evidence from Supermarket Scanner Data" @default.
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• W3097941428 doi "https://doi.org/10.1162/rest_a_00981" @default.
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