The Optimal Minimum Wage for Poverty Minimization

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https://hdl.handle.net/1813/57902
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Author
Goto, Hideaki
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.
Description
WP 2008-21 November 2008
 
JEL Classification Codes: D6; I32; J38; J64
 
Date Issued
2008-11-01
Publisher
Charles H. Dyson School of Applied Economics and Management, Cornell University
Subject
inequality; labor productivity; market competitiveness; minimum wage; poverty
Type
article

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