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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 …
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absolute poverty will depend on how the pattern of employment composition changes within households and on how income is shared … poverty measures. The precise characterizations demonstrate the need for a nuanced appreciation of the impacts of a minimum … wage increase, since they depend intricately on the values of key parameters (the poverty line, poverty aversion, labor …
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improvements in almost all labour market indicators and consequent reductions in poverty rates. Across countries, economic growth … reductions in poverty were strongly related to improvements in earnings and employment indicators. Although the 2008 crisis …
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