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> to modest increases in the minimum wage

"Modest" here seems like an unproven assumption. The gap between the Puerto Rican economy and US state economies is much larger than the gap between, say, Pennsylvania and New Jersey.

As far as I know there's no real disagreement on the direction of the labor demand curve. If you put the minimum wage at $40/hour (or $10/hour in China) it would have massive consequences.

So even granting the 'little or no' result, we haven't proved the "modest increase" charge for Puerto Rico.



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