Did some looking around. Difficult to find articles attempting to analyze the effects of an increase. Most seem to be trying to make a case pro or con rather than lay out the facts.
It really shouldn’t be all that difficult to determine how much a restaurant would have to raise prices to break even on a given labor cost increase. But not too many seem interested in making those calculations.
First you get facts, then you discuss what appropriate policy should be.
I’ve seem claims of 5% (seems low) to 20% (seems high) to cover a raise of minimum wage to $15. But almost nobody lays out their calculations, which shouldn’t be all that difficult.
“First you get facts, then you discuss what appropriate policy should be.”
That, my friend, is a perfect definition of Soviet planning.
In my view, first you decide how anyone gets to be Soviet planning Commissar for everyone else.