An increasing tightness in the labor market means its $ 15 minimum wage is decreasingly effective at recruitment and retention of qualified workers, and a substantial raise can help with that.

Arindrajit Dube

Arindrajit (Arin) Dube is a Professor of Economics at the University of Massachusetts, Amherst, known internationally for his empirical research on the effects of minimum wage policies. He is among the foremost scholars regarding the economic impact of minimum wages. In 2019, he was asked by the UK Treasury to conduct a review of the evidence on the impact of minimum wages, which informed the decision to set the level of the National Living Wage. His work is focused on the economics of the labor market, including the role of imperfect competition, institutions, norms, and behavioral factors that affect wage setting and jobs.

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