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, its tax …

Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim ….17 percent increase in the probability of longer-run poverty among all persons. With 95% confidence, we can rule out long …-run poverty elasticities with respect to the minimum wage of less than -0.129, which includes central poverty elasticities …