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unusual facts about Alan Blinder


Minimum wage

Three other possible reasons minimum wages do not affect employment were suggested by Alan Blinder: higher wages may reduce turnover, and hence training costs; raising the minimum wage may "render moot" the potential problem of recruiting workers at a higher wage than current workers; and minimum wage workers might represent such a small proportion of a business's cost that the increase is too small to matter.


World Growth Institute

Key U.S. economists contributing to World Growth studies include Professor Alan Blinder and Dr. Robert Shapiro, former Undersecretary of Commerce to President Bill Clinton.


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