| 書目名稱 | Minimum Wages in China | | 副標(biāo)題 | Evolution, Legislati | | 編輯 | Shi Li,Carl Lin | | 視頻video | http://file.papertrans.cn/635/634635/634635.mp4 | | 概述 | Is the first book of its kind exploring China‘s minimum wage policy and its implications.Offers key statistics and other information related to creating a ‘society of mid-level prosperity‘.Provides le | | 圖書封面 |  | | 描述 | 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 forother transitional and developing economies. | | 出版日期 | Book 2020 | | 關(guān)鍵詞 | Income Inequality; Chinese Economy; Chinese Middle Class; Governance; Chinese New Normal | | 版次 | 1 | | doi | https://doi.org/10.1007/978-981-15-2421-9 | | isbn_softcover | 978-981-15-2423-3 | | isbn_ebook | 978-981-15-2421-9 | | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapor |
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