发表时间: 2015/11/7 15:52:43
摘要: Using the China Household Income Project survey data, this paper examines the effect of minimum wage regulation on wage growth and wage distribution in China. Moreover, minimum wage's heterogeneous effects on different population groups are also investigated across different industries and ownerships. In general, our evidence empirically supports the view that the minimum wage creates a substitute effect for the low-paid workers, as they experience a small wage growth under the cost of more unemployment. Meanwhile, the wages of workers that slightly higher than the minimum pay before are pushed up by the increase in demand because of the ripple effect, so the wage level for the slightly high-paid workers before grows more than the low-paid groups.