[CHRIBA BRIEF Volume 3] Impact of Minimum Wage Increases in the Hospitality Industry: New Insights I

※ The effects of minimum wage policies in the hospitality industry have been subject to much debate and scrutiny. Two recent studies on the restaurant industry have shed light on this issue, providing industry-specific insights and fostering a better understanding of the implications of minimum wage increases.

Study 1: Does a minimum wage increase endanger restaurant jobs? Examining the role of franchising

Reference: Kim, H. S., & Jang, S. S. (2020). Does a minimum wage increase endanger restaurant jobs? Examining the role of franchising. International Journal of Hospitality Management, 84, 102325.