Minimum wage increases are not an effective mechanism for reducing poverty. And there is little causal evidence that … to reduce poverty. It raises only the after-tax wage rates of workers in low- and moderate-income families, its tax …

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 …

increase employment and to reduce poverty and public assistance. We also find some evidence that higher welfare benefits had … longer-run adverse effects, and quite robust evidence that tighter welfare time limits reduce poverty and public assistance … in the longer run. The evidence on the long-run effects of the minimum wage on poverty and public assistance is not …

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 …