Minimum wages in China : evolution, legislation, and effects /

Minimum wages in China : evolution, legislation, and effects /

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Bibliographic Details
Imprint:Singapore : Palgrave Macmillan, [2020]
Description:1 online resource
Language:English
Subject:
Minimum wage -- China.
Wages -- Government policy -- China.
Minimum wage
Wages -- Government policy
China
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12605506
Hidden Bibliographic Details
Other authors / contributors:Li, Shi, 1956- editor.
Lin, Carl, editor.
ISBN:9789811524219
9811524211
9811524203
9789811524202
Digital file characteristics:text file PDF
Notes:Description based on online resource; title from digital title page (viewed on June 15, 2020).
Summary: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. Li Shi is Professor of Economics in the School of Public Affairs at Zhejiang University, China. Carl Lin is an Assistant Professor of Economics at Bucknell University in Pennsylvania, USA.
Other form:Original 9811524203 9789811524202
Standard no.:10.1007/978-981-15-2421-9
Table of Contents:
  • 1. Introduction and Overview
  • 2. Evolution and Effects Assessment of China's Minimum Wage Policy
  • 3. Minimum Wages in China: Standard and Implication
  • 4. Minimum Wages and Employment in China
  • 5. Impacts of Minimum Wages on Gender Wage Gaps in Urban China
  • 6. The Impact of Minimum Wages on Migrant Workers' Wages
  • 7. The Effects of the Minimum Wage on Earnings Inequality: Evidence from China
  • 8. The Effects of Minimum Wage Regulations on Wage Growth and Its Distribution in China
  • 9. Compliance with Legal Minimum Wages in China
  • 10. Estimating the Effect of Minimum Wages on Firm Profitability in China
  • 11. How Does the Minimum Wage Affect Firm Investments in Fixed and Human Capital? Evidence from China
  • 12. Regional Variation of the Minimum Wages in China
  • 13. Minimum Wage Competition between Local Governments in China
  • 14. Minimum Wage Effects on Employment and Working Time of Chinese Workers.

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