Contents

Minimum Wage Introduction and Employment: Evidence from South Korea

Baek, Jisun / Park, WooRam

Abstract

This paper examines the effect of the introduction of the national minimum wage on plant-level employment in South Korea. We show that the minimum wage introduction increased the average remuneration for employees, but has no discernible effect on plant-level employment.

Issue Date
2016-02
Publisher
ELSEVIER SCIENCE SA
Keywords Plus
IMPACT; IMPACT
Keywords(Author)
Minimum wage introduction; Difference-in-differences; Employment; Plant-level; Minimum wage introduction; Difference-in-differences; Employment; Plant-level
DOI
10.1016/j.econlet.2015.12.014
Journal Title
ECONOMICS LETTERS
Start Page
18
End Page
21
ISSN
0165-1765
Language
English
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