What types of empirical studies (across-state studies or national studies) does the author prefer, and why? National studies are better because across-state studies are more subject to statistical fluctuation. Across-state studies are better because they are less susceptible to the effects of business cycles National studies are better because across-state study results may not necessarily reflect the effect of increases in the minimum wage on the nation as a whole Across-state studies are better for measuring age-specific implications than national studies.

What types of empirical studies (across-state studies or national studies) does the author prefer, and why? National studies are better because across-state studies are more subject to statistical fluctuation. Across-state studies are better because they are less susceptible to the effects of business cycles National studies are better because across-state study results may not necessarily reflect the effect of increases in the minimum wage on the nation as a whole Across-state studies are better for measuring age-specific implications than national studies.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 1.1P

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