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What is a living wage? Considerations from Santa Monica, CA

Author

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  • Robert Pollin

    (Department of Economics and Political Economy Research Institute, University of Massachusetts-Amherst, Amherst, MA 01003, USA; Tel.: +1-413-577-0126; fax: +1-413-545-2921 pollin@econs.umass.edu)

Abstract

The term "living wage" has been used in two separate ways: (1) a wage rate that will enable workers and their families to live above a reasonable poverty threshold; and (2) a somewhat more ambitious standard, a wage rate that will meet a family's basic budgetary needs. Both of these concepts are difficult to quantify, but quantification is necessary for setting meaningful benchmarks in formulating and debating living wage policies. This paper offers an approach to setting benchmarks as they apply to workers in Santa Monica, California.

Suggested Citation

  • Robert Pollin, 2002. "What is a living wage? Considerations from Santa Monica, CA," Review of Radical Political Economics, Union for Radical Political Economics, vol. 34(3), pages 267-273, September.
    • Handle: RePEc:sae:reorpe:v:34:y:2002:i:3:p:267-273
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    Keywords

    Living wage; Poverty;

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