Minimum Wage in a Deflationary Economy: The Japanese Experience, 1994-2003
The statutory minimum wage in Japan has increased continuously for a few decades until the early 2000s even during a period of deflation. This paper examines the impact of the minimum wage on wage and employment outcomes under this unusual circumstance. We find that the minimum-wage increase resulte...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1228 https://ink.library.smu.edu.sg/context/soe_research/article/2227/viewcontent/Minimum_Wage_in_a_Deflationary_Economy__The_Japanese_Experience.pdf |
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| Institution: | Singapore Management University |
| Language: | English |