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...

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...

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....

By many estimates, the world has just crossed the point where more than half the world’s population is urban, a trend driven by rapid urbanization in developing countries. Urban centers offer economies of scale in terms of productive enterprise and public investment. Cities are social melting...

This paper introduces a significant new multi-disciplinary collection of studies of poverty dynamics, presenting the reader with the latest thinking by a group of researchers who are leaders in their respective disciplines. It argues that there are three main fronts on which progress must be...

In the last two decades, across a range of countries high growth rates have reduced poverty but have been accompanied by rising inequality. This paper is motivated by this stylized fact, and by the strong distributional concerns that persist among populations and policy makers alike, despite the...

China’s spectacular growth and poverty reduction has been accompanied by growing inequality which threatens the social compact and thus the political basis for economic growth and social development. The regional dimension of inequality— rural/urban, inland/coastal and provincial—dominates...