Minimum wages, wages, and price pass-through: the case of McDonald’s restaurants
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F22%3A00557018" target="_blank" >RIV/67985998:_____/22:00557018 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11640/22:00568740
Result on the web
<a href="https://doi.org/10.1086/718190" target="_blank" >https://doi.org/10.1086/718190</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1086/718190" target="_blank" >10.1086/718190</a>
Alternative languages
Result language
angličtina
Original language name
Minimum wages, wages, and price pass-through: the case of McDonald’s restaurants
Original language description
Based on 2016–20 hourly wage rates of McDonald’s basic crew and Big Mac prices collected simultaneously from almost all US McDonald’s, we find that in 25% of instances of minimum wage increases, restaurants keep constant their wage premium above the increasing minimum wage. Higher minimum wages are not associated with faster adoption of touch-screen ordering, and there is near-full price pass-through of minimum wages. Minimum wage hikes lead to increases in real wages (expressed as how many Big Macs 1 hour of basic crew work can buy) that are one-fifth lower than the corresponding increases in nominal wages.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Labor Economics
ISSN
0734-306X
e-ISSN
1537-5307
Volume of the periodical
40
Issue of the periodical within the volume
S1
Country of publishing house
US - UNITED STATES
Number of pages
23
Pages from-to
"„S179“"-"„S201“"
UT code for WoS article
000861564500007
EID of the result in the Scopus database
2-s2.0-85128918287