Higher Minimum Wages Reduce Capital Expenditures
Published Online:13 May 2022https://doi.org/10.1287/mnsc.2022.4430
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Volume 69, Issue 5
May 2023
Pages 2547-3155, iii-iv
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- Received:June 30, 2021
- Accepted:March 18, 2022
- Published Online:May 13, 2022
Copyright © 2022, INFORMS
Cite as
Matthew T. Gustafson, Jason D. Kotter (2022) Higher Minimum Wages Reduce Capital Expenditures. Management Science 69(5):2933-2953.
https://doi.org/10.1287/mnsc.2022.4430
Keywords
The authors thank Ashwini Agrawal, Jess Cornaggia, Cesare Fracassi, Dirk Jenter, Stefan Lewellen, Michael Reich, Matthew Serfling, Isaac Sorkin, Jeremy West, participants at the 2017 London Business School Summer Finance Symposium, and seminar participants at Brigham Young University, Pennsylvania State University, the University of Utah, and Utah State University.
