Burkhauser, Richard V.; McNichols, Drew; Sabia, Joseph J. - National Bureau of Economic Research - 2023
Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim …-in-differences approach, we find that a 10 percent increase in the minimum wage is associated with a (statistically insignificant) 0 …-run poverty elasticities with respect to the minimum wage of less than -0.129, which includes central poverty elasticities …