What is a living wage? Considerations from Santa Monica, CA

Robert Pollin
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Robert Pollin: Department of Economics and Political Economy Research Institute, University of Massachusetts-Amherst, Amherst, MA 01003, USA; Tel.: +1-413-577-0126; fax: +1-413-545-2921 pollin@econs.umass.edu

Review of Radical Political Economics, 2002, vol. 34, issue 3, 267-273

Abstract: The term "living wage" has been used in two separate ways: (1) a wage rate that will enable workers and their families to live above a reasonable poverty threshold; and (2) a somewhat more ambitious standard, a wage rate that will meet a family's basic budgetary needs. Both of these concepts are difficult to quantify, but quantification is necessary for setting meaningful benchmarks in formulating and debating living wage policies. This paper offers an approach to setting benchmarks as they apply to workers in Santa Monica, California.

Keywords: Living wage; Poverty (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:34:y:2002:i:3:p:267-273

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