Journal ArticleOPEN ACCESS

What Happens When the Minimum Wage Rises? It Depends on Monetary Policy

  • Glover A
  • Mustre-del-Rio J
The Federal Reserve Bank of Kansas City Economic Review (2021)
DOI: 10.18651/er/v106n3glovermustredelrio
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Abstract

… Andrew Glover and José Mustre-del-Río examine how monetary policy may amplify or dampen the response of employment and inflation to an increase in the minimum wage. Their model-based analysis suggests a minimum wage increase has expansionary effects on the …

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APA

Glover, A., & Mustre-del-Rio, J. (2021). What Happens When the Minimum Wage Rises? It Depends on Monetary Policy. The Federal Reserve Bank of Kansas City Economic Review. https://doi.org/10.18651/er/v106n3glovermustredelrio

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