https://t.co/1G1clXqF9t
New working paper!
— Kevin Rinz (@kevinrinz) March 28, 2018
The Distributional Effects of Minimum Wages: Evidence from Linked Survey and Administrative Data
By me and @john_voorheishttps://t.co/Fmnwps9osR
\u201cWe find that the average minimum wage increase of 8% reduces the probability that men and women return to prison within 1 year by 2%.\u201d https://t.co/wH2NK5zhHp
— John B. Holbein (@JohnHolbein1) January 7, 2018
I know people think this is fun but -- why do we have a stock market? So productive firms can raise capital to do useful things. Detaching stock price from fundamental value (Gamestop is now worth almost as much as Best Buy) makes the markets serve the real economy worse.
— Josh Barro (@jbarro) January 27, 2021