Minimum Wage Changes across Provinces in China: Average Treatment Effects on Employment and Investment Decisions

We exploit data from the China Household Finance Survey to examine the impact of changes in the minimum wage on employment and investment decisions. We are able to non-parametrically identify the average treatment effect on the treated via exogenous variation in the minimum wage across provinces. We...

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Bibliographic Details
Main Authors: Ji Luo, Daniel J. Henderson
Format: Article
Language:English
Published: MDPI AG 2021-01-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/14/1/22