{"id":5200,"date":"2013-03-06T10:23:59","date_gmt":"2013-03-06T08:23:59","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=5200"},"modified":"2013-03-10T22:45:26","modified_gmt":"2013-03-10T20:45:26","slug":"spending-income-and-debt-responses-to-minimum-wage-hikes","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/spending-income-and-debt-responses-to-minimum-wage-hikes\/","title":{"rendered":"Spending, income, and debt responses to minimum-wage hikes"},"content":{"rendered":"<p>Aaronson, Daniel,\u00a0\u00a0French, Eric.<\/p>\n<p>How are spending, income and debt affected by minimum-wage hikes? This column argues that putting money into the hands of consumers, especially low-income consumers, ultimately leads to predictable increases in spending. Evidence suggests that a $1 wage hike increases household spending by minimum-wage workers \u2013 usually in the form of collateralised debt \u2013 by around $700 per quarter.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Voxeu<\/p>\n<p><a href=\"http:\/\/www.voxeu.org\/article\/spending-income-and-debt-responses-minimum-wage-hikes\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aaronson, Daniel,\u00a0\u00a0French, Eric. How are spending, income and debt affected by minimum-wage hikes? This column argues that putting money into the hands of consumers, especially low-income consumers, ultimately leads to predictable increases in spending. Evidence suggests that a $1 wage hike increases household spending by minimum-wage workers \u2013 usually in the form of collateralised debt [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,39,4],"tags":[28,25],"class_list":["post-5200","post","type-post","status-publish","format-standard","hentry","category-18","category-39","category-proposals","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=5200"}],"version-history":[{"count":4,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5200\/revisions"}],"predecessor-version":[{"id":5217,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5200\/revisions\/5217"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=5200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=5200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=5200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}