The traditional theoretical view of minimum wage laws is that, because labor markets are competitive, the laws hurt employment while delivering little benefit to workers as a group. Empirical research has generally supported this view, finding that minimum wage increases are followed by...

Poor persons in poor countries are greatly exposed to the risk of adverse shocks, many of international origin, which can create long-lasting damage to individual well-being. There is a strong moral and prudential case for taking measures which reduce the extent to which such shocks arise and...

This paper builds a world atlas of child penalties in employment based on micro data from 134 countries. The estimation of child penalties is based on pseudo-event studies of first child birth using cross-sectional data. The pseudo-event studies are validated against true event studies using...

The eradication of poverty as the main target of Sustainable Development Goal 1 by 2030 is the subject of this paper, which analyzes the national voluntary reviews of the Balkan countries and the data presented in them and which are primarily related to poverty as a multidimensional concept....

The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...

Government income and housing interventions during the COVID pandemic had demonstrable benefits in reducing the growth of homelessness. Comparisons of projected versus actual growth in Los Angeles County from 2020 to 2022 validate the benefit of these interventions.This report offers three types...