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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12057 |
DP12057 The Consumption Response to Minimum Wages: Evidence from Chinese Households | |
Harald Hau; Ernest Dautović; Yi Huang | |
发表日期 | 2017-05-20 |
出版年 | 2017 |
语种 | 英语 |
摘要 | This paper evaluates the Chinese minimum wage policy for the period 2002-2009 in terms of its impact on low income household consumption. Using a representative household panel, we find support for the permanent income hypothesis, whereby unanticipated and persistent income increases due to minimum wage policy change are fully spent. The impact is driven by households with at least one child. We infer significant positive welfare effects for low income households based on expenditure increases concentrated in health care and education, whereas a negative employment effect of higher minimum wage cannot be confirmed. |
主题 | Development Economics ; Financial Economics ; Labour Economics |
关键词 | Minimum wage Labor income Household consumption Permanent income hypothesis |
URL | https://cepr.org/publications/dp12057 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540868 |
推荐引用方式 GB/T 7714 | Harald Hau,Ernest Dautović,Yi Huang. DP12057 The Consumption Response to Minimum Wages: Evidence from Chinese Households. 2017. |
条目包含的文件 | 条目无相关文件。 |
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