Abstract
Based on the model of buyer's monopoly, this article takes the Yangtze River Delta Region as an example to analyze the employment effect of minimum wage on migrant workers. Empirical study of statistical data from seven cities in the region demonstrates that minimum wage could contribute to employment of migrant workers. With the impact of the financial crisis, market adjustment could disturb and destabilize the positive effect of minimum wage policies. Therefore, government should take active measures and interfere in the labor market to maintain targeted employment level and economic growth.
Original language | English |
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Pages (from-to) | 977-995 |
Number of pages | 19 |
Journal | Studies in Regional Science |
Volume | 40 |
Issue number | 4 |
DOIs | |
Publication status | Published - 2010 Jan 1 |
Externally published | Yes |
Keywords
- Employment Effect
- Migrant Workers
- Minimum Wage
ASJC Scopus subject areas
- Environmental Science(all)
- Social Sciences(all)