Minimum Wages and Poverty: An Evaluation of Policy Alternatives (0) - Image 1

£104.99

emerald PUBLISHING Minimum Wages and Poverty: An Evaluation of Policy Alternatives (0)

Name: Minimum Wages and Poverty: An Evaluation of Policy Alternatives (0)
Brand: emerald PUBLISHING
Price: 104.99 GBP
Availability: InStock

Governmental

Price History & Forecast

Last 32 days • 32 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 32 days • 1 price levels

Days at Price

Price Analysis

Most common price: £105 (32 days, 100.0%)

Price range: £105 - £105

Price levels: 1 different prices over 32 days

Description

This research investigates the impact of three equal cost alternative labour market policies on the economic well-being of low-income families and society in general at the turn of the 21st century. The principal focus is on how changes in the minimum wage, Earned Income Tax Credit (EITC), and payroll taxes influence the well-being of low-income American families. The methods we employ also reveal how much of the benefits from raising the minimum wage, increasing the EITC, and reducing payroll taxes of workers in low-income families accrue to families in the middle and upper ranges of the income distribution. Thus, we consider the entire distribution, but focus primary attention on families and persons at or near the bottom of the income distribution. The research reported in this book has three distinguishing features.First, it examines and compares changes in the minimum wage, the EITC, and payroll taxes using a common analytical framework. There is considerable discussion of the impacts of raising the minimum wage and increasing EITC payments. The research reported here places these two policies in an 'equivalent social cost' framework and analyses the distributional consequences of each policy. In addition, we use the same equivalent cost paradigm to investigate an alternative policy that rebates a portion of the payroll taxes paid by workers in low-income families. A second distinguishing feature of the research is that it incorporates important insights from the poverty and income distribution literature into the analysis of labour market policies and family well-being.This literature suggests that any evaluation of success or failure of poverty fighting policies that increase the minimum wage, expand the EITC, or reduce payroll taxes requires that the poor population be properly identified and poverty measured using distribution sensitive measures of poverty and not simple headcounts of the poor. Further, it is important to check for the sensitivity of any conclusions about the policy choices to alternative poverty lines. A third distinguishing feature of the research is that we use important developments in the applied welfare economics of income distribution to address the key question: Which policy alternative is best?

Product Specifications

Brand: emerald PUBLISHING
Format: Hardcover
ASIN: 0444520295
Category: Books > Subjects > Business, Finance & Law > Accounting > Governmental
Domain: Amazon UK
Release Date: 27 April 2005
Listed Since: 09 February 2007

Barcode

No barcode data available

emerald PUBLISHING Minimum Wages and Poverty: An Evaluation of Policy Alternatives (0)

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Fighting Working Poverty in Post-industrial Economies: Causes, Trade-offs and Policy Solutions

Handbook on In-Work Poverty

Routledge - Ethics and Economics of Basic Income Guarantee

THE IMPACT OF MACROECONOMIC POLICIES ON POVERTY AND INCOME DISTIBUTION: Macro-micro Evaluation Techniques and Tools (Equity and Development Series)

Rich Get Richer, The: American Wage, Wealth And Income Inequality

Economic Growth and the High Wage Economy: Choices, Constraints and Opportunities in the Market Economy (Routledge Frontiers of Political Economy)

The Economics of Social Policy

Restoring the Middle Class through Wage Policy: Arguments for a Minimum Wage (Global Institute for Sustainable Prosperity)

Economic Growth and the High Wage Economy: Choices, Constraints and Opportunities in the Market Economy: 157 (Routledge Frontiers of Political Economy)

Is Basic Income Within Reach?: Building the Case Amidst Progress and Poverty (Exploring the Basic Income Guarantee)

Human Agency and Material Welfare: Revisions in Microeconomics and their Implications for Public Policy

Women, Work, and Poverty: Women Centered Research for Policy Change

Minimum Wages, Pay Equity, and Comparative Industrial Relations (Routledge Research in Employment Relations)

Challenges to the Welfare State: Internal and External Dynamics for Change

The Working Poor in Europe: Employment, Poverty and Globalization

Welfare Economics

The Welfare Economics of Public Policy: A Practical Approach to Project and Policy Evaluation

Handbook of Research on Gender and Economic Life

U.S. Social Welfare Reform: Policy Transitions from 1981 to the Present (International Series on Consumer Science)

Social Policy: Challenges, Developments & Implications (Social Issues, Justice & Status Series)

Work-Family Challenges for Low-Income Parents and Their Children (Penn State University Family Issues Symposia Series)

Regulating for Equitable and Job-Rich Growth

Routledge Inclusive Growth, Development and Welfare Policy

The Dilemma of American Social Welfare