The minimum wage and poverty among full-time workers

@article{Vedder2002TheMW,
  title={The minimum wage and poverty among full-time workers},
  author={Richard K. Vedder and L. Gallaway},
  journal={Journal of Labor Research},
  year={2002},
  volume={23},
  pages={41-49}
}
  • Richard K. Vedder, L. Gallaway
  • Published 2002
  • Economics
  • Journal of Labor Research
  • V. Conclusions The empirical evidence is strong that minimum wages have had little or no effect on poverty in the U.S. Indeed, the evidence is stronger that minimum wages occasionally increase poverty. It also suggests that the minimum wage does not even lower poverty for the one group that, almost by definition, one would expect to be helped: full-time, year-round workers. While the empirical results suggest minimum wages do not achieve what is ostensibly their primary goal — relieving poverty… CONTINUE READING
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