Welfare Effects of Minimum Wage and Other Government Policies
AbstractThe minimum wage, unlike most government transfer programs, lowered welfare in the 1980s and 1990s as measured by all commonly used welfare or inequality measures, including various Atkinson indexes, the Gini index, standard deviation of logarithms, and others. The effects of most government programs, macroeconomic variables, and aggregate demographic characteristics were qualitatively the same for all the inequality measures.
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Date of creation: 01 Feb 2001
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Other versions of this item:
- Golan, Amos & Perloff, Jeffrey M. & Wu, Ximing, 2001. "Welfare effects of minimum wage and other government policies," CUDARE Working Paper Series 957, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
- Golan, Amos & Perloff, Jeffrey M. & Wu, Ximing, 2001. "Welfare Effects of Minimum Wage and Other Government Policies," Institute for Research on Labor and Employment, Working Paper Series qt36r7v1cr, Institute of Industrial Relations, UC Berkeley.
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