Showing 1 - 6 of 6
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 …
Persistent link: https://www.econbiz.de/10010342996
Persistent link: https://www.econbiz.de/10010441910
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 …
Persistent link: https://www.econbiz.de/10014411691
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … counties. We show that minimum wage increases have a significant negative impact on employment on an annual basis, with an … estimated employment elasticity of -0.116. By contrast, the employment response to minimum wage hikes was minuscule before 2004 …
Persistent link: https://www.econbiz.de/10013040174
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 …
Persistent link: https://www.econbiz.de/10013021785
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 …
Persistent link: https://www.econbiz.de/10014146303