The Optimal Minimum Wage for Poverty Minimization

The effects of a minimum wage on employment and on poverty have been studied in the literature. This paper characterizes the poverty minimizing minimum wage, and shows how it depends on productivity, inequality and the degree of labor market competitiveness.


Issue Date:
Sep 30 2008
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/51160
PURL Identifier:
http://purl.umn.edu/51160
Total Pages:
16
JEL Codes:
D6; I32; J38; J64
Series Statement:
Working Paper
WP 2008-21




 Record created 2017-04-01, last modified 2020-10-28

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