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Olin research examines links between minimum wage changes, employment | The Source | Washington University in St. Louis
For the first time, a group of researchers at Washington University in St. Louis used a big-data approach to determine the effects of minimum-wage changes on business. The Olin Business School faculty processed wage data on more than 2 million hourly workers from across the country over a six-year period. The results? There are winners and losers.