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Poverty Effects of the Minimum Wage: The Role of Household Employment Composition AgEcon
Fields, Gary S.; Han, Baran; Kanbur, Ravi.
sector employment, uncovered sector employment, and unemployment. The impact of these labor market adjustments on absolute poverty will depend on how the pattern of employment composition changes within households and on how income is shared within households. An earlier paper (Fields and Kanbur, 2007) focused on the income-sharing dimension of the problem. The present paper focuses on household employment composition. For a particular structure of the labor market— one with good jobs, bad jobs, unemployment, and adult and youth workers— and with a particular model of how the sectoral patterns of employment are translated into household employment composition, we analyze the impact of minimum wages on a class of absolute poverty measures. The precise...
Tipo: Working or Discussion Paper Palavras-chave: Minimum wage; Poverty; Labor market; Financial Economics; Food Security and Poverty; Labor and Human Capital.
Ano: 2008 URL: http://purl.umn.edu/51147
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