Fields, Gary; Kanbur, Ravi - In: Journal of Economic Inequality 5 (2007) 2, pp. 135-147
of the minimum wage to the poverty line, and the extent of income-sharing. Thus, shifting the perspective from … analyze the effects of a higher minimum wage in terms of poverty rather than in terms of unemployment. Second, we extend the … standard textbook model to allow for income-sharing between employed and unemployed persons in society. Third, we extend the …