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 …

effect of the DC supplemental earned income tax credit (EITC) and the federal EITC on poverty and income dynamics within … to estimate the likelihood of net-EITC income above poverty and near-poverty thresholds. We also estimate the likelihood … EITC raises the likelihood of net-EITC income above poverty and near poverty by as much as 9 percent, with the largest …

effect of the DC supplemental earned income tax credit (EITC) and the federal EITC on poverty and income dynamics within … to estimate the likelihood of net-EITC income above poverty and near-poverty thresholds. We also estimate the likelihood … EITC raises the likelihood of net-EITC income above poverty and near poverty by as much as 9 percent, with the largest …

these tax, transfer and minimum wage reforms on income inequality and poverty based on a microsimulation approach using … to substantially reduce the extent of income inequality and relative income poverty and the paper draws out how the two …

results are interpreted in terms of poverty and inequality statistics while closely looking into the assumptions of the … microsimulation models. In the first scenario a modest level of guaranteed minimum income is feasible, decreasing both poverty and … unrealistically high tax rates, especially for Italy. The impact on poverty and inequality of the HNIT scheme is markedly higher for …

that balances goals of reducing poverty, encouraging employment and fiscal sustainability. Using the OECD’s Tax-Benefit and …-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the …