Denis Sosinskiy
@dsosinskiy.bsky.social
Postdoctoral Scholar in Economics @ UC Berkeley. Interested in Labor, Public and Applied Microeconomics.
October 1, 2024 at 1:44 AM
Oh, and we did not detect any effects on employment.
6/7
6/7
October 1, 2024 at 1:44 AM
Oh, and we did not detect any effects on employment.
6/7
6/7
About 70 percent of the increased costs were passed on in higher prices, suggesting reduced restaurant profit margins. Higher prices likely raised restaurant revenue, implying franchise owners will pay larger royalty fees to their parent companies.
5/7
5/7
October 1, 2024 at 1:43 AM
About 70 percent of the increased costs were passed on in higher prices, suggesting reduced restaurant profit margins. Higher prices likely raised restaurant revenue, implying franchise owners will pay larger royalty fees to their parent companies.
5/7
5/7
The policy increased prices by around 3.7 percent—about 15 cents for a $4 cheeseburger.
4/7
4/7
October 1, 2024 at 1:43 AM
The policy increased prices by around 3.7 percent—about 15 cents for a $4 cheeseburger.
4/7
4/7
Results: The policy increased average hourly pay by a remarkable 18 percent.
3/7
3/7
October 1, 2024 at 1:42 AM
Results: The policy increased average hourly pay by a remarkable 18 percent.
3/7
3/7
We use diff-in-diff methods, novel restaurant data from over 35,000 jobs posted on Glassdoor, and collect price data from 1,585 restaurants in CA and 1,694 restaurants in control states.
2/7
2/7
October 1, 2024 at 1:42 AM
We use diff-in-diff methods, novel restaurant data from over 35,000 jobs posted on Glassdoor, and collect price data from 1,585 restaurants in CA and 1,694 restaurants in control states.
2/7
2/7