Minimum Wages and the Distribution of Family Incomes
成果类型:
Article
署名作者:
Dube, Arindrajit
署名单位:
University of Massachusetts System; University of Massachusetts Amherst; National Bureau of Economic Research
刊物名称:
AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS
ISSN/ISSBN:
1945-7782
DOI:
10.1257/app.20170085
发表日期:
2019
页码:
268-304
关键词:
poverty
INEQUALITY
raise
摘要:
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 tenth and fifteenth 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 percent as large when using an expanded income definition including tax credits and noncash transfers.
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