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The Optimal Minimum Wage for Poverty Minimization

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Author Info
Goto, Hideaki

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Abstract

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.

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File URL: http://purl.umn.edu/51160
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Publisher Info
Paper provided by Cornell University, Department of Applied Economics and Management in its series Working Papers with number 51160.

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Date of creation: 30 Sep 2008
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Handle: RePEc:ags:cudawp:51160

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Related research
Keywords: inequality; labor productivity; market competitiveness; minimum wage; poverty; Food Security and Poverty; International Development; Political Economy; D6; I32; J38; J64;

References listed on IDEAS
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  1. David Neumark & William Wascher, 2007. "Minimum Wages and Employment," IZA Discussion Papers 2570, Institute for the Study of Labor (IZA). [Downloadable!]
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This page was last updated on 2009-11-26.


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