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Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 4949
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
The statutory minimum wage has steadily increased for decades in Japan, while the median wage has fallen nominally since 1999 because of a severe recession. We use large micro-data sets from two government surveys to investigate how the minimum wage has affected the wage distribution under unusual circumstances of deflation. The compression of the lower tail of the female wage distribution is largely explained by an increased real value of the minimum wage. Steady increases in the effective minimum wage reduced employment among low-skilled, middle-aged female workers, but the mechanical effect associated with disemployment on wage compression was minimal.
Schlagwörter: 
Minimum wage
wage distribution
wage inequality
employment
deflation
JEL: 
J23
J31
J38
Dokumentart: 
Working Paper

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