Unpublished Paper
The Minimum Wage and Kentucky’s Working Poor: Low Hours or Low Wages?
Kentucky Annual Economic Report
(2007)
Abstract
Many policymakers in Kentucky have suggested raising the state’s minimum wage as a way to help poor families. In this report, we examine which Kentucky workers would be helped and hurt by a $7 minimum wage in Kentucky. The results indicate that both the poor families, which the minimum wage increase is intended to help, and the state as a whole would be, if anything, less well off if the wage was raised. We investigate the earned income tax credit as an alternate method of assisting poor families and find it to be less disruptive and more likely to assist the targeted recipients.
Disciplines
Publication Date
2007
Citation Information
Kenneth R Troske and Aaron Yelowitz. "The Minimum Wage and Kentucky’s Working Poor: Low Hours or Low Wages?" Kentucky Annual Economic Report (2007) Available at: http://works.bepress.com/yelowitz/22/