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In March 1985, one in five hourly wage workers paid at or below the Federal minimum wage of $3.35 per hour lived in households with incomes below U.S. poverty levels.
A study of household data demonstrates that increases in the minimum wage reduce poverty among families more then previously estimated. This article examines the effects that raising the minimum was ...
Most workers who begin their careers in minimum-wage jobs eventually gain more experience and move on to higher paying jobs; however, some workers spend substantial portions of their early careers con...
The Role of the Minimum Wage in the Welfare State: An Appraisal
Minimum wages employment inequality
2013/10/18
In order to offer a balanced assessment of the role of minimum wages in the Welfare State, seven basic questions need to be answered: (i) Why is the minimum wage a useful redistributive tool?; (ii) Ho...
We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that wages are renegotiated by mutual agreement only is introduced in a matching model wit...