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Title: Poverty and the Minimum Wage
Resulting in 1 citation.
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Parsons, Donald O. |
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Poverty and the Minimum Wage Report, American Enterprise for Public Policy Research, 1980 Cohort(s): Mature Women Publisher: American Enterprise Institute for Public Policy Research Keyword(s): Earnings; Industrial Sector; Marital Status; Minimum Wage; Occupations; Poverty; Racial Differences; Transfers, Financial; Transfers, Public; Women Permission to reprint the abstract has not been received from the publisher. This report assesses the minimum wage as a poverty program. The author argues that the minimum wage is largely a reallocation among low-wage demographic groups: adult females as a group are the beneficiaries and teenagers of both sexes are the principal losers. Utilizing data from the NLS of Mature Women, particular attention is paid to the impact of minimum wages on the structure of wage rates and earnings during 1967-1974 (when the real level of minimum wages fell by almost 30 percent) and during 1974-1976 (when the real minimum was raised by 24 percent). The author estimates that wage rates of low-wage adult females were 10 to 20 percent higher in sectors with a minimum wage and were unaffected in the sector with no minimum. Employment reductions, however, limited annual earnings gains to less than $150 per low-wage female. The modest dimension of this gain raises serious question about the efficiency of minimum wages in transferring income to the poor. |
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Bibliography Citation
Parsons, Donald O. "Poverty and the Minimum Wage." Report, American Enterprise for Public Policy Research, 1980. |