David Neumark
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The Long-Term Impact of Anti-Poverty Policies
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Since the enactment of the Economic Opportunity Act of 1964, the federal government of the United States has taken a hands-on approach to alleviating poverty. From the minimum wage to food stamps, existing federal policies provide low-income families numerous incentives with varying results. In a groundbreaking new study, David Neumark,…
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Minimum Wage Increases: The Unintended Consequences
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Increases in minimum wages appear to help some poor families escape poverty while having the perverse effect of dragging other families below the poverty line.