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Minimum wages may be an important instrument to reduce income inequality in a society and to promote socially inclusive economic growth. While higher minimum wages can support the Chinese transformation towards consumption driven growth, they can worsen the price competitiveness in export...
Persistent link: https://www.econbiz.de/10011422910
Minimum wages may be an important instrument to reduce income inequality in a society and to promote socially inclusive economic growth. While higher minimum wages can support the Chinese transformation towards consumption driven growth, they can worsen the price competitiveness in export...
Persistent link: https://www.econbiz.de/10011479234
Previous literature shows that internal migration rates are strongly procyclical. This would seem to imply that geographic relocation does not help mitigate negative local economic shocks during recessions. This paper shows that this is not the case. I document that net in-migration rates...
Persistent link: https://www.econbiz.de/10010500339
Together with the rapid growth of the Chinese economy, there has been a growing divide in the earnings of urban and rural residents. In this paper we focus on China's household registration system, or "hukou", as a potential source of the earnings gap. Using multiple waves of data from the...
Persistent link: https://www.econbiz.de/10011744734
Minimum wages may be an important instrument to reduce income inequality in a society and to promote socially inclusive economic growth. While higher minimum wages can support the Chinese transformation towards consumption driven growth, they can worsen the price competitiveness in export...
Persistent link: https://www.econbiz.de/10011790020
The Venezuelan migration to Peru has been growing at fast speed since 2016 reaching a peak in 2018. Using a panel that allows us to control for individual effects, we study the heterogeneous short-term responses to the inflow of Venezuelan migrants in terms of employment, informality and...
Persistent link: https://www.econbiz.de/10012534477
We develop a method for identifying departures from relative factor price equality across regions that is valid under general assumptions about production, markets and factors. Application of this method to the United States reveals substantial and increasing deviations in relative skilled wages...
Persistent link: https://www.econbiz.de/10003930536
Minimum wages may be an important instrument to reduce income inequality in a society and to promote socially inclusive economic growth. While higher minimum wages can support the Chinese transformation towards consumption driven growth, they can worsen the price competitiveness in export...
Persistent link: https://www.econbiz.de/10011421898
Most "wage curve" studies treat local labour markets as independent "islands" in the national economy. However, when a local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration...
Persistent link: https://www.econbiz.de/10011335216
Previous literature shows that internal migration rates are strongly procyclical. This would seem to imply that geographic relocation does not help mitigate negative local economic shocks during recessions. This paper shows that this is not the case. I document that net in-migration rates...
Persistent link: https://www.econbiz.de/10010479002