MINIMUM WAGE AND POVERTY LEVEL: STUDY OF POLICY IN INDONESIA
DOI:
https://doi.org/10.33509/jan.v29i3.2687Keywords:
Minimum Wage, Poverty, PolicyAbstract
This study aims to investigate the relationship between minimum wages and poverty rates. Minimum wage is a controversial policy topic that affects millions of workers around the world, and understanding its impact on poverty rates is crucial for policymakers and researchers. By conducting a comprehensive analysis of existing literature, statistical data, and using more complex regression models. The data was processed in Microsoft Excell, and then analysed using R statistical software. The findings of this study show that minimum wage policy is effective in negatively affecting the poverty rate in Indonesia.
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