Arbeitspapier

Minimum Wages and Poverty

The principal justification for minimum wage legislation resides in improving the economic condition of low-wage workers. Most previous analyses of the distributional effects of minimum wages have been confined to simulation exercises employing rather restrictive assumptions that guarantee the conclusion that an increase in the minimum wage reduces poverty. In contrast, we adopt a more flexible "reduced-form" approach that links increases in both federal and state minima to contemporaneous changes in poverty rates. For the period 1983-96, we find indication of a poverty-reducing effect of minimum wages among older junior-high dropouts and among teenagers.

Language
Englisch

Bibliographic citation
Series: ZEW Discussion Papers ; No. 98-42

Classification
Wirtschaft
Wages, Compensation, and Labor Costs: Public Policy
Subject
Mindestlohn
Armutspolitik
Wirtschaftspolitische Wirkungsanalyse
USA

Event
Geistige Schöpfung
(who)
Addison, John T.
Blackburn, McKinley L.
Event
Veröffentlichung
(who)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(where)
Mannheim
(when)
1998

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Addison, John T.
  • Blackburn, McKinley L.
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

  • 1998

Other Objects (12)