Series: IMF Working Papers
Author(s): Chie Aoyagi , Giovanni Ganelli , and Nour Tawk
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 November 2016
Keywords: Asia and Pacific, Income distribution, Japan, Women, Wage policy, Regression analysis, Labor market characteristics, Minimum wages, minimum wage, income policies
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 p...