(Impact of Change in Minimum Wage on Employment and Poverty in Japan)

Estimating the Effects of the Minimum Wage Using the Introduction of Indexation

“…Since the number of minimum-wage workers is as limited as 3% of all workers, a large sample is needed. Akesaka et al (2018) estimated the impact of the recent minimum-wage hike on employment using the Employment Status Survey, which is a large government survey that takes place every five years. They found that a minimum-wage hike reduces the employment of teenage men and reduces the hours worked of all workers.…”