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Japan. Our main result is that stepping up minimum wage growth from 2 to the planned 3 percent per year could raise wage … growth by 0.5 percent annually. Given Japan's need for income policies to generate vigorous wage-price dynanics, reflecting …
Persistent link: https://www.econbiz.de/10011716282
Japan. Our main result is that stepping up minimum wage growth from 2 to the planned 3 percent per year could raise wage … growth by 0.5 percent annually. Given Japan's need for income policies to generate vigorous wage-price dynanics, reflecting …
Persistent link: https://www.econbiz.de/10012965071
While minimum wage is widely debated at both academic and political levels, little attention has been dedicated to documenting and assessing the implementation of and compliance with minimum wage policies. This paper begins to fill this research gap by identifying and qualitatively assessing a...
Persistent link: https://www.econbiz.de/10010346842
. For almost two decades now Japan has been suffering from deflationary tendencies triggered by falling nominal wages and …
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