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来源类型 | Research Report |
规范类型 | 报告 |
Growing Wage Inequality, the Minimum Wage, and the Future Distribution of Retirement Income | |
Damir Cosic; Richard W. Johnson; Karen E. Smith | |
发表日期 | 2018-07-31 |
出版年 | 2018 |
语种 | 英语 |
概述 | This study examines how rising wage inequality and a boost in the federal minimum wage might affect future retirement income. Projections from DYNASIM, the Urban Institute’s dynamic microsimulation model, show that if the wage gap between college and high school graduates continues to grow, retirement incomes for high-wage workers would rise, worsening income inequality at older ages despite Social Security’s |
摘要 | This study examines how rising wage inequality and a boost in the federal minimum wage might affect future retirement income. Projections from DYNASIM, the Urban Institute’s dynamic microsimulation model, show that if the wage gap between college and high school graduates continues to grow, retirement incomes for high-wage workers would rise, worsening income inequality at older ages despite Social Security’s progressive benefit formula. Raising the federal minimum wage to $12 per hour and subsequently adjusting it for inflation would boost lifetime earnings and future retirement income for low-wage workers but would not eliminate the projected increase in retirement income inequality.
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主题 | Aging ; Income and Wealth ; Job Market and Labor Force |
URL | https://www.urban.org/research/publication/growing-wage-inequality-minimum-wage-and-future-distribution-retirement-income |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/480274 |
推荐引用方式 GB/T 7714 | Damir Cosic,Richard W. Johnson,Karen E. Smith. Growing Wage Inequality, the Minimum Wage, and the Future Distribution of Retirement Income. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
wage_inequality_mini(1204KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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