The term "living wage" has been used in two separate ways: (1) a wage rate that will enable workers and their families to live above a reasonable poverty threshold; and (2) a somewhat more ambitious standard, a wage rate that will meet a family's basic budgetary needs. Both of these concepts are...

This IPC Country Study by Robert Pollin and James Heintz examines three policy areas related to monetary policies in Kenya: inflation dynamics and the relationship between inflation and long-run growth; monetary policy targets and instruments; and exchange rate dynamics and the country?s...

The term "living wage" has been used in two separate ways: 1) a wage rate that will enable workers and their families to live above a reasonable poverty threshold; and 2) a somewhat more ambitious standard, a wage rate that will meet a family's basic budgetary needs. This paper attempts to...