Reposted by Denis SosinskiyUC Berkeley Institute for Research on Labor & Employment (IRLE) @ucberkeleyirle.bsky.social · 22/05/2025Virtual registration is still open for the "Minimum Wages & Monopsony Power" conference! Featuring an all-star lineup of labor economists, this one-day event also honors career of Dr. Michael Reich. 📅 June 6, 2025 | 8am - 5pm 🔗 Register today: irle.berkeley.edu/events/minim... 1149
Reposted by Denis Sosinskiymichaelreich.bsky.social @michaelreich.bsky.social · 26/02/2025New report on California's $20 fast food minimum wage using D-in-D and DDD: 8-9 percent wage increases, no effects on employment and a 1.5 percent minimum wage increase: irle.berkeley.edu/publications...irle.berkeley.eduEffects of the $20 California Fast-Food Minimum Wage – Institute for Research on Labor and EmploymentAbstract This policy brief represents the second in a series of reports on the effects of California’s $20 fast-food minimum wage. The first report , issued on 03715
Reposted by Denis SosinskiyAaron Sojourner @aaronsojourner.org · 03/12/2024Blog updated to v2 this morning. Lots of useful developments from ASSA that, for @shirkandsteal.bsky.social @jennifercohen.bsky.social & I, show a path to meaningful participation in #ASSA2025 even if there are picket lines. I thank @lkatz42.bsky.social & team for leading to practical solutions. 11412
Reposted by Denis SosinskiyAaron Schwartz @aschwartz.bsky.social · 18/11/2024A newly precise null result on whether Medicaid induces cross-state migration, in an extensive job market paper by Carl McPherson. carlmcpherson.github.io 26517
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024A short write-up by @petercoy here: static.nytimes.com/email-conten... 7/7 031
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024Oh, and we did not detect any effects on employment. 6/7 180
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024About 70 percent of the increased costs were passed on in higher prices, suggesting reduced restaurant profit margins. Higher prices likely raised restaurant revenue, implying franchise owners will pay larger royalty fees to their parent companies. 5/7 140
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024The policy increased prices by around 3.7 percent—about 15 cents for a $4 cheeseburger. 4/7 150
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024Results: The policy increased average hourly pay by a remarkable 18 percent. 3/7 150
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024We use diff-in-diff methods, novel restaurant data from over 35,000 jobs posted on Glassdoor, and collect price data from 1,585 restaurants in CA and 1,694 restaurants in control states. 2/7 120
Denis Sosinskiy @dsosinskiy.bsky.social · 01/10/2024Hey #EconSky📉📈 our new working paper with Michael Reich @IRLE is out! Sectoral Wage-Setting in California We provide the first causal evidence of the (highest in the US) $20 minimum wage for large fast-food chains in California, implemented on April 1, 2024. irle.berkeley.edu/publications... 1/7irle.berkeley.eduSectoral Wage-Setting in California – Institute for Research on Labor and EmploymentAbstract On April 1, 2024, California implemented its first sectoral wage policy, setting a $20 floor on hourly pay for workers in the larger fast food restaura 13519