Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125259 
Authors: 
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 30 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Do minimum wage policies reduce poverty in developing countries? It depends. Raising the minimum wage could increase or decrease poverty, depending on labor market characteristics. Minimum wages target formal sector workers—a minority of workers in most developing countries—many of whom do not live in poor households. Whether raising minimum wages reduces poverty depends not only on whether formal sector workers lose jobs as a result, but also on whether low-wage workers live in poor households, how widely minimum wages are enforced, how minimum wages affect informal workers, and whether social safety nets are in place.
Subjects: 
minimum wages
developing countries
poverty
JEL: 
O17
J31
I32
Persistent Identifier of the first edition: 
Document Type: 
Article

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