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In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution … system of meanstested income support. -- minimum wage, wage distribution ; working poor ; poverty reduction ; microsimulation …
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In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
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