If you can't find the book you're looking for, order it.
Order book
Full Access Accounts / Unlimited Downloads
Enjoy Now!
|

Minimum Wages in China: Evolution, Legislation, and Effects

Description

1st ed. 2020 Edition 

by Shi Li (Editor), Carl Lin (Editor) 

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.

Details

Year:
2020
Pages:
402
Language:
English
Format:
PDF
Size:
5 MB
ISBN-10:
9811524203
ISBN-13:
978-9811524202
ASIN:
B0896ZRJ6T
Send us a WhatsApp message