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北京大学国家发展研究院

发展经济学workshop:The Consumption Response To Minimum Wages: Evidence From Chinese Households

发布日期：2017-09-13 10:52    来源：北京大学国家发展研究院

发展经济学workshop

时间：2017年9月13日（周三）14：00－15：30 pm

地点：北大国发院/中国经济研究中心小教室

主持人：张晓波、李力行、席天扬

主讲人：黄毅（日内瓦高等国际关系与发展研究院）

题目：The Consumption Response To Minimum Wages: Evidence From Chinese Households

摘要：This paper evaluates the Chinese minimum wage policy for the period 2002-2009 in terms of its impact on low income household consumption. Using a representative household panel, we find support for the permanent income hypothesis, whereby unanticipated and persistent income increases due to minimum wage policy change are fully spent. The impact is driven by households with at least one child. We infer significant positive welfare effects for low income households based on expenditure increases concentrated in health care and education, whereas a negative employment effect of higher minimum wage cannot be confirmed.

 

主讲人简介：

Professor Huang is assistant professor of international economics and Pictet Chair in Finance and Development at the Graduate Institute of International and Development Studies. Professor Huang’s research consists of international economics, finance, financial economics and emerging market economies. His recent research focuses on the influence of corporation’s financing and investment to financial market and labor market. Professor Huang gained his Master’s degree from the China Center for Economics Research, Peking University, and his Ph.D. in International Macroeconomic and Finance from the London Business School.


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