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Autoren: 
Burkhauser, Richard V.
Datum: 
2015
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2015 [Issue:] 153
Zusammenfassung: 
Minimum wage increases are not an effective mechanism for reducing poverty. And there is little causal evidence that they do so. Most workers who gain from minimum wage increases do not live in poor (or near-poor) families, while some who do live in poor families lose their job as a result of such increases. The earned income tax credit is an effective way to reduce poverty. It raises only the after-tax wage rates of workers in low- and moderate-income families, its tax credit increases with the number of dependent children, and evidence shows that it increases labor force participation and employment in these families.
Schlagwörter: 
minimum wage
earned income tax credit
working poor
JEL: 
J23
J39
J88
I38
I32
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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