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We evaluate progress in President's Johnson's War on Poverty. We do so relative to the scientifically arbitrary but … policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures poverty … reductions based on the standard that President Johnson set. To fill this gap, we develop a Full-income Poverty Measure with …
Persistent link: https://www.econbiz.de/10012149105
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
reducing poverty in old age. The transition from work to retirement is no longer economically perilous for the vast majority of … older American workers. For most married couples, the risk of falling into poverty even several years after retirement is … greatest risk of falling into poverty in old age now comes after the death of a spouse, as the survivor faces life after …
Persistent link: https://www.econbiz.de/10013125970
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 …
Persistent link: https://www.econbiz.de/10011431715
Persistent link: https://www.econbiz.de/10012171043
We evaluate progress in President's Johnson's War on Poverty. We do so relative to the scientifically arbitrary but … policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures poverty … reductions based on the standard that President Johnson set. To fill this gap, we develop a Full-income Poverty Measure with …
Persistent link: https://www.econbiz.de/10012480476
We evaluate progress in President's Johnson's War on Poverty. We do so relative to the scientifically arbitrary but … policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures poverty … reductions based on the standard that President Johnson set. To fill this gap, we develop a Full-income Poverty Measure with …
Persistent link: https://www.econbiz.de/10012858033
We evaluate progress in President's Johnson's War on Poverty. We do so relative to the scientifically arbitrary but … policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures poverty … reductions based on the standard that President Johnson set. To fill this gap, we develop a Full-income Poverty Measure with …
Persistent link: https://www.econbiz.de/10012844816
To evaluate success in President Johnson's War on Poverty it is necessary to evaluate that success based on his … scientifically arbitrary but policy relevant terms of engagement. No existing poverty measure is capable of measuring its success. We … do so here by developing a Full-Income Poverty Measure (FPM) anchored to the Official Poverty Measure in 1963 …
Persistent link: https://www.econbiz.de/10012890530
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