The Optimal Minimum Wage for Poverty Minimization

Hideaki Goto

No 51160, Working Papers from Cornell University, Department of Applied Economics and Management

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.

Keywords: Food Security and Poverty; International Development; Political Economy (search for similar items in EconPapers)
Pages: 16
Date: 2008-09-30
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudawp:51160

DOI: 10.22004/ag.econ.51160

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