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Will increasing the minimum wage help the poor?

David Neumark (), Mark Schweitzer and William Wascher

Economic Commentary, 1999, issue Feb

Abstract: Minimum wages help some families to escape poverty, but employment losses associated with raising the minimum also appear to cause some families to fall into poverty. The authors' estimates suggest that on balance, the second of these effects outweighs the first; therefore, the net result of raising the minimum wage is an increase in the proportion of poor families.

Keywords: Minimum wage; Employment (Economic theory) (search for similar items in EconPapers)
Date: 1999
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Handle: RePEc:fip:fedcec:y:1999:i:feb1