How Effective Is the Minimum Wage at Supporting the Poor?

By Thomas MaCurdy. Journal of Political Economy, 2015

157 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

How Do Firms Respond to Minimum Wage Increases? Understanding the Relevance of Non-Employment Margins (2021, background): “MaCurdy (2015) provides evidence that this force will tend to be regressive, since minimum-wage-intensive products account for a disproportionately large fraction of the budgets of low-income households.”
Minimum Wages and the Distribution of Family Incomes (2018, unknown): “For example, in a simulation study using input-output tables, MaCurdy (2015) calculated that the bottom quintile faced a 0.5 percent increase in prices from the 21% increase in minimum wage in 1996—an elasticity of around 0.02.”
The effect of education on poverty: A European perspective (2021, background): “Another theme concerns the effects of minimum wages on poverty (see, e.g., Dube (2019); MaCurdy (2015); Neumark et al. (2018)).”