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- Title
최저임금 조정이 노동자들의 노동시간과 노동소득에 미치는 영향.
- Authors
신우리; 송헌재; 임현준
- Abstract
In this paper, we investigated the impacts of minimum wage on the working hours and labor income of wage earners considering coverage of minimum wage. The results show that the increase in the proportion of workers influenced by the minimum wage in the industry has a negative effect on the average monthly working hours and the average monthly salary of workers affected by the minimum wage. This implies that firms try to offset the rise in labor costs caused by increase in the minimum wage by adjusting the working hours of the employees influenced by the minimum wage. Our finding suggests that the minimum wage policy would reduce the labor income of workers affected by the minimum wage.
- Publication
Korean Journal of Labor Economics, 2019, Vol 42, Issue 1, p73
- ISSN
1229-6651
- Publication type
Article