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Author: United States. Congress. House. Committee on Small Business. Subcommittee on Workforce, Empowerment, and Government Programs
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Published: 2004
Total Pages: 72
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DOWNLOAD EBOOK →Author: United States. Congress. House. Committee on Small Business
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Published: 1988
Total Pages: 56
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DOWNLOAD EBOOK →Author: Craig R. Everett
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Published: 2014
Total Pages: 14
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DOWNLOAD EBOOK →The impact of changes in the minimum wage on employment is a politically charged topic that has been researched extensively. This paper analyzes what small business owners intend to do in the short term to pay for such an increase in labor costs. Since there are multiple ways a business can compensate for an increase in labor costs in lieu of adjusting labor levels, our survey asks the business owners to rank a list of possible funding sources by likelihood. Using a sample of 1294 privately-held US firms over the period of May 10, 2014 to May 15, 2014, we find that small businesses respond differently to minimum wage hikes than large businesses and that small businesses plan to pay for minimum wage hikes using the following methods, in the following order: 1) increase prices to customers, 2) reduce hours, 3) layoffs, 4) reduce other costs, 5) reduce profits to owners/investors.
Author: United States. Congress. House. Committee on Small Business
Publisher:
Published: 1996
Total Pages: 96
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DOWNLOAD EBOOK →Author: United States. Congress. House. Committee on Small Business
Publisher:
Published: 1987
Total Pages: 140
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DOWNLOAD EBOOK →Author: United States. Wage and Hour and Public Contracts Divisions
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Published: 1963
Total Pages: 28
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DOWNLOAD EBOOK →Author: Sudheer Chava
Publisher:
Published: 2019
Total Pages: 66
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DOWNLOAD EBOOK →Do increases in federal minimum wage impact the financial health of small businesses? Using intertemporal variation in whether a state's minimum wage is bound by the federal rate and credit-score data for approximately 15.2 million establishments for the period 1989-2013, we find that increases in the federal minimum wage worsen the financial health of small businesses in the affected states. Small, young, labor-intensive, minimum-wage sensitive establishments located in the states bound to the federal minimum wage and those located in competitive and low-income areas experience higher financial stress. Increases in the minimum wage also lead to lower bank credit, higher loan defaults, lower employment, a lower entry and a higher exit rate for small businesses. The results are robust to using nearest-neighbor matching and geographic regression discontinuity design. Our results document some potential costs of a one-size-fits-all nationwide minimum wage, and we highlight how it can have an adverse effect on the financial health of some small businesses.
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
Published: 2018-02-12
Total Pages: 60
ISBN-13: 9781985302020
DOWNLOAD EBOOK →Would an increase in the federal minimum wage help or hinder small business? : hearing before the Subcommittee on Workforce, Empowerment & Government Programs of the Committee on Small Business, House of Representatives, One Hundred Eighth Congress, second session, Washington, DC, April 29, 2004.
