Rethinking Retail

Catherine Ruetschlin

Challenge, 2013, vol. 56, issue 2, 31-52

Abstract: Many retail firms profess that they cannot afford to raise wages for their employees, let alone provide more generous benefits. But this economist finds that raising wages to $25,000 a year for full-time employees would increase the price for a retail product on average by only 15 cents.

Date: 2013
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DOI: 10.2753/0577-5132560202

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