around a constant income distribution to illustrate why standard measures of poverty, built on the intuitions of unchanging …

two are inter-connected. It discusses policy alternative policies to counter extreme poverty and inequality. The paper …

analyze the effects of a higher minimum wage in terms of poverty rather than in terms of unemployment. Second, we extend the … in which a higher minimum wage raises poverty, others where it reduces poverty, and yet others in which poverty is … unchanged. We characterize precisely how the poverty effect depends on four parameters: the degree of poverty aversion, the …