G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12057
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
URLhttps://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.
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