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단행본NBER Working Paper 25240

Minimum wages and the distribution of family incomes

청구기호
WP 25240
발행사항
Cambridge : NBER, 2018
형태사항
77 p. :. PDF file ;. 989 KB
소장정보
위치등록번호청구기호 / 출력상태반납예정일
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    E0003252
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책 소개
There is robust evidence that higher minimum wages increase family incomes at the bottom of the distribution. The long run (3 or more years) minimum wage elasticity of the non-elderly poverty rate with respect to the minimum wage ranges between -0.220 and -0.459 across alternative specifications. The long run minimum wage elasticities for the 10th and 15th unconditional quantiles of family income range between 0.152 and 0.430 depending on specification. A reduction in public assistance partly offsets these income gains, which are on average 66% as large when using an expanded income definition including tax credits and non-cash transfers.