Minimum Wage as a Wage Policy Tool in Japan
Minimum Wage as a Wage Policy Tool in Japan

Author: Ms.Chie Aoyagi

Publisher: International Monetary Fund

Published: 2016-11-28

Total Pages: 20

ISBN-13: 1475555342

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Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the planned 3 percent per year could raise wage growth by 0.5 percent annually. Given Japan’s need for income policies to generate vigorous wage-price dynanics, reflecting the 2 percent inflation target, one policy implication of this finding is that, while the minimum wage plan will help boost wages, it should be accompanied by other, more “unorthodox” income policies, such as a “soft target” for private sector wage growth through a “comply -or-explain mechanism” for wage growth and increases in public wages in line with the inflation target.

Labor Law and Practice in Japan
Labor Law and Practice in Japan

Author: United States. Bureau of Labor Statistics

Publisher:

Published: 1970

Total Pages: 74

ISBN-13:

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General study of Japan, with particular reference to work matters, and designed as a guide for us businessmen who may be employing local workers in the country - covers geographical aspects, economic implications and political aspects, cultural factors, labour force, employment policy, labour administration, labour relations, working conditions, the wage payment system, social security, etc., and comments on labour legislation. ILO mentioned. Bibliography pp. 63 and 64, map and statistical tables.