Understanding impacts of minimum wage policy on labor market in China

Files

IDL-55305.pdf (582.92 KB)

Date

2016

Authors

Journal Title

Journal ISSN

Volume Title

Publisher

Beijing Normal University

Abstract

Part of the project “Labour Market Regulations in China: Minimum Wage Policy,” this presentation draws conclusions from the study indicating that the process is largely driven by political competition of local governments at city and provincial level, in response to the appeal of the central government for raising wage share in national income. However, there are few studies about effects of minimum wages on skills, prices and profits. Controversial findings of effects on wage and income increase, working hours, and inequality are provided and discussed. Minimum wages are generally set at a low level by regional governments with no strong incentive to implement any, and no enforcement.

Description

PowerPoint presentation

Keywords

ECONOMIC IMPLICATIONS, MINIMUM WAGE, WAGE POLICY, PLANNED ECONOMY, CHINA, FAR EAST ASIA, INCOME, LIBERALIZATION, HOUSEHOLD INCOME

Citation

URI

http://hdl.handle.net/10625/55305

DOI

Collections

IDRC Research Results / Résultats de recherches du CRDI
2010-2019 / Années 2010-2019
Research Results (SIG) / Résultats de recherches (CPT)