Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Effects Of The Minimum Wage On Earnings Inequality Evidence From China PDF full book. Access full book title The Effects Of The Minimum Wage On Earnings Inequality Evidence From China.
| Author | : Carl LIN |
| Publisher | : |
| Total Pages | : 34 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
| Author | : Shi Li |
| Publisher | : Springer Nature |
| Total Pages | : 392 |
| Release | : 2020-05-25 |
| Genre | : Business & Economics |
| ISBN | : 9811524211 |
This book considers the positive and negative impacts of the minimum wage policy in China. Since China enacted its first minimum wage law in 1994, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. The results from China’s experience show that rapidly increasing minimum wages have helped increase average wages and reduce the gender wage gap, income inequality, and poverty. However, the fast-rising minimum wage has also resulted in the loss of employment for young adults, women, low-skilled workers, and migrant workers. Additionally, higher minimum wages have a negative impact on firm profitability and adverse effects on firm’s human capital investment. In summary, the Chinese minimum wage policy has shown both positive and negative impacts on the affected workers. Through unpacking these findings, the book highlights the importance of rigorous research to inform evidence-based policymaking and provides lessons for other transitional and developing economies.
| Author | : Terry Sicular |
| Publisher | : Oxford University Press |
| Total Pages | : 457 |
| Release | : 2020-03-26 |
| Genre | : Business & Economics |
| ISBN | : 0190077956 |
Over the past quarter-century China has seen a dramatic increase in income inequality, prompting a shift in China's development strategy and the adoption of an array of new policies to redistribute income, promote shared growth, and establish a social safety net. Drawing on of household-level data from the China Household Income Project, Changing Trends in China's Inequality provides an independent, comprehensive, and empirically grounded study of the evolution of incomes and inequality in China over time. Edited by leading experts on the Chinese economy, the volume analyzes this evolution in China as a whole as well as in the urban and rural sectors, with close attention to measurement issues and to shifts in the economy, institutions, and public policy. Specific essays provides analyses of China's wealth inequality, the emergence of a new middle class, the income gap between the Han majority and the ethnic minorities, the gender wage gap, and the impacts of government policies such as social welfare programs and the minimum wage.
| Author | : Yi Huang |
| Publisher | : International Monetary Fund |
| Total Pages | : 47 |
| Release | : 2014-10-16 |
| Genre | : Business & Economics |
| ISBN | : 1498332307 |
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the 2000-2007 periods. Using a novel dataset of minimum wage regulations across more than 2,800 counties matched with firm-level data, we investigate both the effect of the minimum wage and its policy enforcement tightening in 2004. A dynamic panel (difference GMM) estimator is combined with a “neighbor-pairs-approach” to control for unobservable heterogeneity common to “border counties” that are subject to different minimum wage changes. We show that minimum wage increases have a significant negative impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on employment in low-wage firms than in high-wage firms. Our results are robust for different treatment groups, sample attrition correction, and placebo tests.
| Author | : Carlos Gradín |
| Publisher | : Oxford University Press |
| Total Pages | : 373 |
| Release | : 2021 |
| Genre | : Business & Economics |
| ISBN | : 0198863969 |
Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries - Brazil, China, India, Mexico, and South Africa.
| Author | : Anthony Howell |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2023 |
| Genre | : |
| ISBN | : |
This paper examines the effects of a minimum wage on wage inequality and employment outcomes in China's ethnic minority regions and whether those effects vary for Han and ethnic minorities. Minimum wage data is combined with a proprietary datasource obtained from China's Household Ethnic Survey (CHES) project. County-level analysis reveals that a higher minimum wage reduces spatial wage inequality, especially for ethnic minorities, without affecting unemployment rates. Subsequent micro-level analysis provides some explanation for why there is no observed adverse effect on aggregate unemployment. First, quantile regression models reveal that higher minimum wages causes employers to make some adjustments to the number of hours worked by employees to help offset higher labor costs. Second, multinomial logit models show that a higher minimum wage promotes formalization of the labour market. The results are robust to alternate estimations that take into account both censoring and endogeneity. The findings help confirm that minimum wages not only reduce spatial inequality, but also induce non-wage benefits in a developing country context.
| Author | : Wencong Chen |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2018 |
| Genre | : |
| ISBN | : |
| Author | : Ms.Sonali Jain-Chandra |
| Publisher | : International Monetary Fund |
| Total Pages | : 31 |
| Release | : 2018-06-05 |
| Genre | : Business & Economics |
| ISBN | : 1484357531 |
China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends – including structural changes such as urbanization and aging and, more recently, policy initiatives to combat it. It finds that policies will need to play an important role in curbing inequality in the future, as projected structural trends will put further strain on equity considerations. In particular, fiscal policy reforms have the potential to enhance inclusiveness and equity, both on the tax and expenditure side.
| Author | : Shi Li |
| Publisher | : Cambridge University Press |
| Total Pages | : 531 |
| Release | : 2013-10-31 |
| Genre | : Business & Economics |
| ISBN | : 1107002915 |
This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).
| Author | : Diego F. Angel-Urdinola |
| Publisher | : |
| Total Pages | : |
| Release | : 2008 |
| Genre | : Electronic book |
| ISBN | : |
