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Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
Persistent link: https://www.econbiz.de/10011434456
, 100, and 125 percent of the federal poverty threshold. The long run (3 or more years) minimum wage elasticity of the non …-elderly poverty rate with respect to the minimum wage ranges between -0.22 and -0.55 across alternative specifications that subsume …
Persistent link: https://www.econbiz.de/10011613156
Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...
Persistent link: https://www.econbiz.de/10013326303
The "Minimum Vital Income" (IMV) constitutes a novelty in the panorama for fighting poverty by guaranteeing minimum … incomes after the COVID-19 crisis. This work simulates the distributional and poverty effects of the IMV introduction across … Spanish regions using EUROMOD. Our results show that the IMV reduces inequality and poverty - general and extreme - for all …
Persistent link: https://www.econbiz.de/10012439058
market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the … poverty. We take advantage of a complex minimum wage system in a poor country that has been exposed to the forces of … globalization to test whether minimum wages are an effective poverty reduction tool in this environment. We find the net effect of …
Persistent link: https://www.econbiz.de/10010284546
Gegenstand dieses Beitrages ist die Untersuchung des Mindestlohnes hinsichtlich seiner Auswirkungen auf die Beschäftigung in den theoretischen Modellen und empirischen Studien sowie der rechtlichen Rahmenbedingungen und der Ursachen der Mindestlohndebatte.
Persistent link: https://www.econbiz.de/10010357147
employing rather restrictive assumptions that guarantee the conclusion that an increase in the minimum wage reduces poverty. In … contemporaneous changes in poverty rates. For the period 1983-96, we find indication of a poverty-reducing effect of minimum wages …
Persistent link: https://www.econbiz.de/10011442312
in urban poverty. -- living wage ; wages ; employment ; poverty …
Persistent link: https://www.econbiz.de/10009683216
market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the … poverty. We take advantage of a complex minimum wage system in a poor country that has been exposed to the forces of … globalization to test whether minimum wages are an effective poverty reduction tool in this environment. We find that minimum wage …
Persistent link: https://www.econbiz.de/10013317292
poverty. In contrast, the authors of this paper adopt a more flexible "reduced-form" approach that links increases in both … federal and state minima to contemporaneous changes in poverty rates. For the period 1983-96, they find indications of a … poverty-reducing effect of minimum wages among teenagers and older junior high school dropouts …
Persistent link: https://www.econbiz.de/10014204320