Skip to main content

Research Archive

Welcome to Our Research Archive

Search and filter by content type, issue area, author, and keyword

December 10, 2024

Fighting in-work poverty: the minimum wage versus in-work benefits

Abstract We review evidence on the effectiveness of the minimum wage versus in-work benefit policies in reducing poverty in OECD countries. The most credible evidence suggests that raising the minimum wage is an ineffective policy tool for reducing poverty. On net, minimum wage increases tend to redistribute rather than reduce poverty. In contrast, government subsidies…