Denis Sosinskiy

Minimum Wages and Monopsony Power: MichalReichFest. June 6, 2025. Learn more: irle.berkeley.edu/events

Virtual registration is still open for the "Minimum Wages & Monopsony Power" conference! Featuring an all-star lineup of labor economists, this one-day event also honors career of Dr. Michael Reich.

📅 June 6, 2025 | 8am - 5pm
🔗 Register today: irle.berkeley.edu/events/minim...

22.05.2025 17:22 — 👍 14    🔁 9    💬 1    📌 3

Effects of the $20 California Fast-Food Minimum Wage – Institute for Research on Labor and Employment Abstract This policy brief represents the second in a series of reports on the effects of California’s $20 fast-food minimum wage. The first report , issued on

New report on California's $20 fast food minimum wage using D-in-D and DDD: 8-9 percent wage increases, no effects on employment and a 1.5 percent minimum wage increase: irle.berkeley.edu/publications...

26.02.2025 20:00 — 👍 37    🔁 15    💬 0    📌 2

Blog updated to v2 this morning.

Lots of useful developments from ASSA that, for @shirkandsteal.bsky.social @jennifercohen.bsky.social & I, show a path to meaningful participation in #ASSA2025 even if there are picket lines.

I thank @lkatz42.bsky.social & team for leading to practical solutions.

03.12.2024 20:55 — 👍 15    🔁 12    💬 1    📌 2

A newly precise null result on whether Medicaid induces cross-state migration, in an extensive job market paper by Carl McPherson. carlmcpherson.github.io

18.11.2024 23:38 — 👍 66    🔁 17    💬 2    📌 4

A short write-up by @petercoy here:

static.nytimes.com/email-conten...

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01.10.2024 01:44 — 👍 3    🔁 1    💬 0    📌 0

Oh, and we did not detect any effects on employment.

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01.10.2024 01:44 — 👍 8    🔁 0    💬 1    📌 0

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.

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01.10.2024 01:43 — 👍 4    🔁 0    💬 1    📌 0

The policy increased prices by around 3.7 percent—about 15 cents for a $4 cheeseburger.

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01.10.2024 01:43 — 👍 5    🔁 0    💬 1    📌 0

Results: The policy increased average hourly pay by a remarkable 18 percent.

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01.10.2024 01:42 — 👍 5    🔁 0    💬 1    📌 0

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.

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01.10.2024 01:42 — 👍 2    🔁 0    💬 1    📌 0

Sectoral Wage-Setting in California – Institute for Research on Labor and Employment Abstract On April 1, 2024, California implemented its first sectoral wage policy, setting a $20 floor on hourly pay for workers in the larger fast food restaura

Hey #EconSky📉📈 our new working paper with Michael Reich @IRLE is out!

Sectoral Wage-Setting in California

We provide the first causal evidence of the (highest in the US) $20 minimum wage for large fast-food chains in California, implemented on April 1, 2024.

irle.berkeley.edu/publications...

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01.10.2024 01:41 — 👍 35    🔁 19    💬 1    📌 1