I gave a little presentation at Melbourne University last night, on the question “Does Raising the Minimum Wage Help the Poor?”, and thought some people might be interested in glancing at it. Here it is in Powerpoint and PDF. Basic conclusions:
- we should learn more about how minimum wage rises affect hourly wages, and a useful first step towards this would be to ask about wages in the ABS Labour Force Survey;
- if your main focus is alleviating poverty/inequality, the minimum wage is a blunt instrument.
Comments welcome, of course.