Empirical studies on minimum wages are primarily concerned with employment while their effects on income inequality … and reduce income inequality. We examine this assertion for different minimum wage levels on the basis of a … will only have a minor impact on inequality among households with at least one minimum-wage worker. Low wage earners are …

and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …