The Impact of Corporate Employment: Minimum Wage or Social Insurance Policy? — Evidence from China
By Junpeng di, Wanhe li & Mingyuan zhang China's minimum wage standards and enforcement have been on the rise, and the academic community generally believes that minimum wage increases enterprise labor costs and has an important impact on employment. However, less attention has been paid to social insurance, which is also a cost for Chinese companies. This paper considers both minimum wage and social insurance policy at the same time, and firstly analyzes the influence mechanism of the two on...
