A hypothetical European Minimum Wage (MW) set at 60 percent of each country's median wage would reduce in-work poverty but have limited effects on overall poverty, as many poor households do not earn a wage near MW and higher unemployment, higher prices, and a loss of social insurance benefits...

Das Urteil ist vernichtend, das der renommierte Ökonom und langjährige Chefvolkswirt der UN-Organisation für Handel und Entwicklung (UNCTAD) Heiner Flassbeck (zuletzt ID-G 27/14) und sein Kollege und Syriza-Abgeordneter C. Lapavitsas über die Lage der europäischen Wirtschafts- und...

"On the 25th January 2015, the Greek people voted in an election of historic importance--not just for Greece but potentially all of Europe. The radical party Syriza was elected and austerity and the neoliberal agenda challenged. Suddenly it seems as if there is an alternative. But what? The...

Building on literatures on racial regimes and the legacy of slavery, this study conceptualizes and constructs a novel measure of the historical racial regime (HRR), and examines how HRR influences contemporary poverty and racial inequality in the American South. The HRR scale measures different...

This paper reviews research about the intergenerational transmission of poverty in industrialized countries. In order to make our survey manageable, we restrict attention to studies that consider the relationship between parental poverty (or ?income?) during childhood and laterlife outcomes; we...