Minimum wage introduction and employment: Evidence from South Korea

The regional effects of Germany’s national minimum wage

“… See Brown (1999) andNeumark and Wascher (2008) for reviews and Dube, Lester, Reich (2010),Baek and Park (2016) andCaliendo et al (2017) for more recent evidence.…”

http://www.esri.ie/publications/estimating-the-effect-of-an-increase-in-the-minimum-wage-on-hours-worked-and-employment-in-ireland/

“…Some recent studies which find no discernible employment effects include Dolton et al (2015), Hirsch et al (2015) and Baek and Park (2016). However, others have found negative employment effects associated with minimum wage increases especially among certain segments of the population.…”

How Indonesia Economics Works: Correlation Analysis of Macroeconomics in 2010 - 2019

“…The impact of wage increases can harm the development of the business climate where one of the adverse effects caused after the determination of the minimum wage increase is the staff retrenchment (PHK) which can macro-impact on high unemployment and sluggish macroeconomic growth, including the growth of the economic sector, which will in turn have an impact on the consumption by the community itself (Böhm, 1978;Sasaki et al, 2013;Du & Wang, 2019;Greiner et al, 2004;Lankisch et al, 2019;Okudaira et al, 2019). Several studies have made the variable wage a hot issue discussed among researchers who link wages and employment (e.g., Ariga & Kambayashi, 2010;Baek & Park, 2016;Dickson & Fongoni, 2019;Holtemöller & Pohle, 2019;Li et al, 2018;Perugini & Pompei, 2016). From the economic theory and wage theory, there is causality between wages and labor absorption.…”

“…The influence between wages and labor absorption can be realized as long as regulatory factors are seen to be flexible by the government; job security factors and aggregate demand for labor can take place in a positively environment (Ariga & Kambayashi, 2010). But different opinions are expressed in research by Baek and Park (2016), which states that the increase in the minimum wage does not affect employment in the energy sector. Sasaki et al (2013) states that a high wage rise will affect the economic balance and employment.…”