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Effects of Changing Relative Value of Mininimum Wages on Wage Distribution in China:Analysis Based on County-Level Data
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作者 Liu Baihui Kou Enhui 《China Economist》 2018年第2期104-118,共15页
On the basis of extending Lee's(1999) model, this paper resolves the problem of biased division in the specification of equation and employs Urban Household Survey(UHS) data,China Household Income Project(CHIP) da... On the basis of extending Lee's(1999) model, this paper resolves the problem of biased division in the specification of equation and employs Urban Household Survey(UHS) data,China Household Income Project(CHIP) data and county-level minimum wage data collected by authors to investigate the wage distribution effects of change in the effective minimum wages measured by relative value. The result shows that the effective minimum wage will exert a significant spillover effect on wage distribution at the40 th percentile and below, which is favorable to reducing wage gaps at the bottom. This conclusion holds true under various robustness tests. However, the shrinking effective minimum wage has created a downward drag on wages, thus widening wage gaps at the bottom. The shrinking effective minimum wage contributed 150%,53.8%,45.5% and16.7% to the wage gaps at the 10 th, 20 th, 30 th and 40 th percentiles compared with the 50 th percentile. Therefore, the key to ensuring the effectiveness of minimum wages lies in the implementation of an automatic adjustment mechanism correlated with macroeconomic indicators. Compliance with minimum wages must be guaranteed and change in minimum wages must be measured with relative value. 展开更多
关键词 effective minimum wage wage distribution latent wage income distribution
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Trends on Rural Household Net Income Structure Based on Surveys of Baoding Villages from 1930-1998
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作者 隋福民 韩锋 《China Economist》 2013年第5期95-108,共14页
Using the rural survey data preserved by the Chinese Academy of Social Sciences' (CASS) Institute of Economics, this paper analyzes changes in the level and structure of per capita net income in the eleven villages... Using the rural survey data preserved by the Chinese Academy of Social Sciences' (CASS) Institute of Economics, this paper analyzes changes in the level and structure of per capita net income in the eleven villages of Baoding Prefecture, Hebei province, over the 1930-1997periods. According to the surveys, per capita net income level of the villages maintained consistent growth, as indicated by survey data on the years of 1930, 1936, 1957, 1986 and 1997, except for 1946 which saw decline, and enjoyed rapid growth particularly in the years of reform and opening-up after 1986. The changes reflect the national trendsustained decline of the proportion of net income from household operations versus eontinuous growth of the proportion wages income takes of the whole income. 展开更多
关键词 the eleven villages of Baoding per capita net income net income from household operations wages income
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