Name: Minimum Wages in China: Evolution, Legislation, and Effects (en Inglés)
Price: 154.20 USD
Availability: InStock
Author: Li, Shi ; Lin, Carl
ISBN: 9789811524202

portada Minimum Wages in China: Evolution, Legislation, and Effects (en Inglés)

Minimum Wages in China: Evolution, Legislation, and Effects (en Inglés)

Formato

Libro Físico

Editorial

Palgrave MacMillan

Autor

Li, Shi ; Lin, Carl

Idioma

Inglés

N° páginas

392

Encuadernación

Tapa Dura

Dimensiones

21.0 x 14.8 x 2.4 cm

Peso

0.64 kg.

ISBN13

9789811524202

Categorías

Asia
Sociedad y cultura: general
Políticas del gobierno central
Economía

Minimum Wages in China: Evolution, Legislation, and Effects (en Inglés)

Li, Shi ; Lin, Carl (Autor) · Palgrave MacMillan · Tapa Dura

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Reseña del libro "Minimum Wages in China: Evolution, Legislation, and Effects (en Inglés)"

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.