Minimum wage introduction and employment: Evidence from South Korea

Jisun Baek and WooRam Park

Economics Letters, 2016, vol. 139, issue C, 18-21

Abstract: This paper examines the effect of the introduction of the national minimum wage on plant-level employment in South Korea. We show that the minimum wage introduction increased the average remuneration for employees, but has no discernible effect on plant-level employment.

Keywords: Minimum wage introduction; Difference-in-differences; Employment; Plant-level; South Korea (search for similar items in EconPapers)
JEL-codes: J21 J38 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:139:y:2016:i:c:p:18-21

DOI: 10.1016/j.econlet.2015.12.014

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