April 1, 2023
Minimum Wages and Poverty: New Evidence from Dynamic Difference-in-Differences Estimates
Advocates of minimum wage increases have long touted their potential to reduce poverty. This study assesses this claim. Using data spanning nearly four decades from the March Current Population Survey, and a dynamic difference-in-differences approach, we find that a 10 percent increase in the minimum wage is associated with a (statistically insignificant) 0.17 percent increase…
July 2, 2021
Addressing the Shortcomings of the Supplemental Poverty Measure
Key Points Read the PDF. Executive Summary The US Census Bureau publishes the Supplemental Poverty Measure (SPM) each year to provide important information on low-income Americans’ well-being. In early 2021, a National Academies of Sciences, Engineering, and Medicine (NASEM) panel formed to evaluate and recommend improvements to the SPM. To inform the NASEM panel and…