Minimum Wage as a Wage Policy Tool in Japan

Minimum Wage as a Wage Policy Tool in Japan
Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the planned 3 percent per year could raise wage growth by 0.5 percent annually. Given Japan’s need for income policies to generate vigorous wage-price... READ MORE...

Publication date: November 2016
ISBN 9781475555523
$18.00

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Publication date: November 2016

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