Here is a figure showing the various OECD countries minimum wages as a ratio of median. Average around 60%.
But many at or above 2/3.
Then there is an outlier, the US.
Vielen Dank für die spannende Diskussion bei unserem #ReStart Talk „Kita ist für alle da? Zwischen Wunsch & Wirklichkeit?“ mit @simonwiederhold.bsky.social!
Den Vortrag gibt’s auf unserem YouTube-Kanal: youtu.be/eqvNqmC2Hcw
@barbaraboelmann.bsky.social @unibonn.bsky.social @iwh-halle.bsky.social
YouTube video by ECONtribute: Markets & Public Policy
Price shocks are passed on to consumers when positive, but hardly passed on when negative.
Source: Goldman Sachs
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My friend is teaching to his Economics Ph.D. students and explaining why they should be interested in topics that are not in their subfield.
The friend asked for statements about why learning from other fields is good. Here was my answer:
"
Five things:
