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Keywords: Minimum wage
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Journal Articles
Evidence of the likely negative effect of the introduction of the minimum wage on the least skilled and poor through “labor-labor” substitution
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International Journal of Development Issues (2016) 15 (1): 21–34.
Published: 04 April 2016
...Hiroyuki Yamada Purpose This study aims to test one hypothesis regarding the impact of the minimum wage on poverty: an increase or the introduction of the minimum wage raises the cost of hiring relatively unskilled workers, and makes inputs that are good substitutes for such workers more...
