This paper studies how minimum wage policies affect firm employment in China using a unique county level minimum wage … or large profit margin increase employment, while those with low wages or small profit margin downsize. The increase in … the monopsony rent of firms.Our results provide evidence for the theoretical predictions of the positive minimum wage-employment …

increases concentrated in health care and education, whereas a negative employment effect of higher minimum wage cannot be …

increases concentrated in health care and education, whereas a negative employment effect of higher minimum wage cannot be …

This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … 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 …