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Textbook analysis tells us that in a competitive labor market, the introduction of a minimum wage above the competitive equilibrium wage will cause unemployment. This paper makes two contributions to the basic theory of the minimum wage. First, we analyze the effects of a higher minimum wage in...
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sector employment, uncovered sector employment, and unemployment. The impact of these labor market adjustments on absolute poverty will depend on how the pattern of employment composition changes within households and on how income is shared within households. An earlier paper (Fields and...
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This paper considers a seeming disconnect between the consensus in policy circles that reducing gender inequalities is to be prioritized in strategies for reducing inequality and poverty, and a view in mainstream economics (and in some policy circles) that gender inequalities are overemphasized....
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