New Study finds that Minimum Wage Increase is great news for Robots

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New Study finds that Minimum Wage Increase is great news for Robots 2017-08-28 10:19:53 Post No. 139396919
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New Study finds that Minimum Wage Increase is great news for Robots Anonymous 2017-08-28 10:19:53 Post No. 139396919 [Report]

A new paper from the National Bureau of Economic Research completely BTFO's shitlibs and NEETsocs

"Based on CPS data from 1980-2015, we find that increasing the minimum wage decreases significantly the share of automatable employment held by low-skilled workers. An analysis of individual transitions from employment to unemployment (or to employment in a different occupation) leads to similar overall conclusions, and also some evidence of adverse effects for older workers in particular industries"

>Therefore, it is important to acknowledge that increases in minimum wage will give incentives for firm to adopt new technologies that replace workers earlier.

http://www.aei.org/publication/new-study-finds-that-minimum-wage-hikes-are-great-news-for-robot-workers/?utm_content=bufferb9515&utm_medium=social&utm_source=twitter

New Study finds that Minimum Wage Increase is great news for Robots

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/