There are entire shelves of books written on the subject: here’s the first google result:

Among other conclusions, it found that “the average minimum wage increase of 8% reduces the probability that men and women return to prison within 1 year by 2%.” It also found that “results suggest that the wages of crime are on average higher than comparable opportunities for low-skilled labor in the legal labor ...Mar 3, 2021 https://interrogatingjustice.org › mi... Could Raising the Minimum Wage Impact the Criminal Justice System?