Is a guaranteed living wage a good anti-poverty policy?:
"Minimum wages are generally thought to be unenforceable in developing rural economies. But there is one solution - a workfare scheme in which the government acts as the employer of last resort. Is this a cost-effective policy against poverty? Using a microeconometric model of the casual labor...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2005
|
| Schriftenreihe: | Policy research working paper
3640 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "Minimum wages are generally thought to be unenforceable in developing rural economies. But there is one solution - a workfare scheme in which the government acts as the employer of last resort. Is this a cost-effective policy against poverty? Using a microeconometric model of the casual labor market in rural India, the authors find that a guaranteed wage rate sufficient for a typical poor family to reach the poverty line would bring the annual poverty rate down from 34 percent to 25 percent at a fiscal cost representing 3-4 percent of GDP when run for the whole year. Confining the scheme to the lean season (three months) would bring the annual poverty rate down to 31 percent at a cost of 1.3 percent of GDP. While the gains from a guaranteed wage rate would be better targeted than a uniform (untargeted) cash transfer, the extra costs of the wage policy imply that it would have less impact on poverty. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 8/23/2005 Erscheinungsjahr in Vorlageform:[2005] |
| Beschreibung: | 1 Online-Ressource (40 Seiten) |
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| series2 | Policy research working paper |
| spellingShingle | Murgai, Rinku Ravallion, Martin 1952- Is a guaranteed living wage a good anti-poverty policy? Garantiertes Mindesteinkommen (DE-588)4123252-5 gnd |
| subject_GND | (DE-588)4123252-5 (DE-588)4026722-2 |
| title | Is a guaranteed living wage a good anti-poverty policy? |
| title_auth | Is a guaranteed living wage a good anti-poverty policy? |
| title_exact_search | Is a guaranteed living wage a good anti-poverty policy? |
| title_full | Is a guaranteed living wage a good anti-poverty policy? Rinku Murgai, Martin Ravallion |
| title_fullStr | Is a guaranteed living wage a good anti-poverty policy? Rinku Murgai, Martin Ravallion |
| title_full_unstemmed | Is a guaranteed living wage a good anti-poverty policy? Rinku Murgai, Martin Ravallion |
| title_short | Is a guaranteed living wage a good anti-poverty policy? |
| title_sort | is a guaranteed living wage a good anti poverty policy |
| topic | Garantiertes Mindesteinkommen (DE-588)4123252-5 gnd |
| topic_facet | Garantiertes Mindesteinkommen Indien |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3640 |
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