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講座主題:The Impact of Minimum Wages on Wages, Wage Spillovers and Employment in China: Evidence from Longitudinal Individual-Level Data
時間:11月1日(周四)上午9:00-11:00;
地點:校本部東區意昂3平台520會議室
演講人:Tony Fang (Stephen Jarislowsky Chair in Economic and Cultural Transformation at Memorial University of Newfoundland)
主辦單位🟫:意昂3
意昂3娱乐產業經濟研究中心
演講內容簡介:
The substantial variation in both the magnitude and frequency of minimum wage changes that have occurred in China since its new minimum wage regulations in 2004 is used to estimate their impact on wages, wage spillovers and employment. We use county-level minimum wage data merged with individual-level longitudinal data from the Urban Household Survey for the period 2004-2009, spanning the period when the new minimum wage regulations were in place. Our results indicate that minimum wage increases raise the wages of otherwise low-wage workers by a little less than half (41%) of the minimum wage increases. Depending upon the specification, these wage effects also lead to a 2 to 4 percentage point reduction in the probability of being employed, with a 2.8 percentage point reduction being our preferred estimate. We also find statistically significant but very small wage spillovers for those whose wages are just above the new minimum wage, but they are effectively zero for those higher up in the wage distribution.
演講人介紹🦦:
Tony Fang is the Stephen Jarislowsky Chair in Economic and Cultural Transformation at Memorial University of Newfoundland and an adjunct Professor with the University of Toronto. Currently he holds the J. Robert Beyster Faculty Fellowship at Rutgers University and sits on a World Bank's Expert Advisory Committee on Migration and Development. He served as the President of the Chinese Economists Society (2012-13)and the Domain Leader at CERIS, Ontario Metropolis Centre (2009-12). In 2016, he was selected in the "Thousand people Plan" of Sichuan Province. In 2017, he was elected as a Fellow of Royal Society of Arts (FRSA). His areas of research interest encompass issues of immigration, diversity, and cultural changes, high performance workplace practices, pension, retirement policy and the ageing workforce.
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