Minimum Wage as a Wage Policy Tool in Japan /

Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the planned 3 percent per year could raise wage growth by 0.5 percent annually. Given Japan's need for i...

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Bibliographic Details
Main Author: Aoyagi, Chie
Other Authors: Ganelli, Giovanni, Tawk, Nour
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/232
Online Access:Full text available on IMF