What Does the Minimum Wage Do?

What Does the Minimum Wage Do?
Author: Dale Belman
Publisher: W.E. Upjohn Institute
Total Pages: 489
Release: 2014-07-07
Genre: Political Science
ISBN: 0880994568

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Belman and Wolfson perform a meta-analysis on scores of published studies on the effects of the minimum wage to determine its impacts on employment, wages, poverty, and more.

Minimum Wages

Minimum Wages
Author: David Neumark
Publisher: MIT Press
Total Pages: 389
Release: 2008
Genre: Income distribution
ISBN: 0262141027

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A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.

Inequality in the Developing World

Inequality in the Developing World
Author: Carlos Gradín
Publisher: Oxford University Press
Total Pages: 373
Release: 2021
Genre: Business & Economics
ISBN: 0198863969

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Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries - Brazil, China, India, Mexico, and South Africa.

The Imperative of Development

The Imperative of Development
Author: Geoffrey Gertz
Publisher: Brookings Institution Press
Total Pages: 308
Release: 2017-09-12
Genre: Business & Economics
ISBN: 0815732562

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" The achievements and legacy of the Wolfensohn Center for Development at Brookings The Imperative of Development highlights the research and policy analysis produced by the Wolfensohn Center for Development at Brookings. The Center, which operated from 2006 to 2011, was the first home at Brookings for research on international development. It sought to help identify effective solutions to key development challenges in order to create a more prosperous and stable world. Founded by James and Elaine Wolfensohn, the Center’s mission was to “to create knowledge that leads to action with real, scaled-up, and lasting development impact.” This volume reviews the Center’s achievements and lasting legacy, combining highlights of its most important research with new essays that examine the context and impact of that research. Six primary research streams of the Wolfensohn Center’s work are highlighted in The Imperative of Development: the shifting structure of the world economy in the twenty-first century; the challenge of scaling up the impact of development interventions; the effectiveness of development assistance; how to promote economic and social inclusion for Middle Eastern youth; the case for investing in early child development; and the need for global governance reform. In each chapter, a scholar associated with the particular research topic provides an overview of the issue and its broader context, then describes the Center’s work on the topic and the subsequent influence and impact of these efforts. The Imperative of Development chronicles the growth and expansion of the first center for development research in Brookings’s 100-year history and traces how the seeds of this initiative continue to bear fruit. "

Minimum Wages and Social Policy

Minimum Wages and Social Policy
Author: Wendy V. Cunningham
Publisher: World Bank Publications
Total Pages: 154
Release: 2007
Genre: Political Science
ISBN: 082137012X

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Offering evidence from both detailed individual country studies and homogenized statistics across the Latin American and Caribbean region, this book examines the impact of the minimum wage on wages, employment, poverty, income distribution and government budgets in the context of a large informal sector and predominantly unskilled workforces.

The Right to a Living Wage

The Right to a Living Wage
Author: Matt Uhler
Publisher: Greenhaven Publishing LLC
Total Pages: 202
Release: 2017-07-15
Genre: Juvenile Nonfiction
ISBN: 1534500839

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With the disappearance of well-paying jobs and the increasing cost of living, it’s becoming more and more difficult to stay afloat in the United States. Workers who earn the minimum wage often can’t afford the most basic needs. In response, more than 100 U.S. cities have issued living wage ordinances, requiring payments that allow workers to afford food, clothing, shelter, utilities, and healthcare. It may seem obvious that everyone wins with a living wage. But does paying out a living wage help or harm the economy? Should corporations be forced to pay them? What is society’s responsibility to its workers?

Minimum Wages and Poverty

Minimum Wages and Poverty
Author: Richard V. Burkhauser
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

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Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim. Using data spanning nearly four decades from the March Current Population Survey, and a dynamic difference-in-differences approach, we find that a 10 percent increase in the minimum wage is associated with a (statistically insignificant) 0.17 percent increase in the probability of longer-run poverty among all persons. With 95% confidence, we can rule out long-run poverty elasticities with respect to the minimum wage of less than -0.129, which includes central poverty elasticities reported by Dube (2019). Prior evidence suggesting large poverty-reducing effects of the minimum wage are (i) highly sensitive to researcher's choice of macroeconomic controls, and (ii) driven by specifications that limit counterfactuals to geographically proximate states ("close controls"), which poorly match treatment states' pre-treatment poverty trends. Moreover, an examination of the post-Great Recession era -- which saw frequent, large increases in state minimum wages -- failed to uncover poverty-reducing effects of the minimum wage across a wide set of specifications. Finally, we find that less than 10 percent of workers who would be affected by a newly proposed $15 federal minimum wage live in poor families.

Minimum Wages and Poverty

Minimum Wages and Poverty
Author: John P. Formby
Publisher: JAI Press
Total Pages: 222
Release: 2005
Genre: Social Science
ISBN: 9780762311880

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Focuses on one set of policy issues relating to the collapse of the low wage labour market in the United States. How do alternative labour market policies improve the economic well being of families and persons at the bottom of the income distribution?

Poverty, Prosperity, and the Minimum Wage

Poverty, Prosperity, and the Minimum Wage
Author: Avery Elizabeth Hurt
Publisher: Greenhaven Publishing
Total Pages: 176
Release: 2021-12-15
Genre: Young Adult Nonfiction
ISBN: 9781534508460

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"Anthology of diverse viewpoints exploring stagnating wages in the United States and how an increase to the federal minimum wage would affect workers and the economy"--