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Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in … poverty rates. They can cost some low-income workers their jobs. And most minimum wage earners who gain from a higher minimum … wage do not live in poor (or near-poor) families. A better tool for reducing poverty, and at lower cost, is the earned …
Persistent link: https://www.econbiz.de/10010366925
Minimum wage increases are not an effective mechanism for reducing poverty. And there is little causal evidence that … to reduce poverty. It raises only the after-tax wage rates of workers in low- and moderate-income families, the tax …
Persistent link: https://www.econbiz.de/10013254360
increase employment and to reduce poverty and public assistance. We also find some evidence that higher welfare benefits had … longer-run adverse effects, and quite robust evidence that tighter welfare time limits reduce poverty and public assistance … in the longer run. The evidence on the long-run effects of the minimum wage on poverty and public assistance is not …
Persistent link: https://www.econbiz.de/10012007136
that balances goals of reducing poverty, encouraging employment and fiscal sustainability. Using the OECD’s Tax-Benefit and …-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the …
Persistent link: https://www.econbiz.de/10012202861
Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market … poor households. Whether raising minimum wages reduces poverty depends not only on whether formal sector workers lose jobs …
Persistent link: https://www.econbiz.de/10011416331
Amidst the bleak picture of increasing joblessness and indebtedness presented by the National Sample Survey's employment surveys and debt surveys, a minimum standard of living for the nation's poor seems to be under threat. In response to this, recent schemes inspired by the Universal Basic...
Persistent link: https://www.econbiz.de/10012233583
new public data sources. -- living wage ; employment ; poverty …
Persistent link: https://www.econbiz.de/10009683226
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10010268677
changes on employment, prices, consumption, and poverty. …
Persistent link: https://www.econbiz.de/10011598967
results are interpreted in terms of poverty and inequality statistics while closely looking into the assumptions of the … microsimulation models. In the first scenario a modest level of guaranteed minimum income is feasible, decreasing both poverty and … unrealistically high tax rates, especially for Italy. The impact on poverty and inequality of the HNIT scheme is markedly higher for …
Persistent link: https://www.econbiz.de/10011751668