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Hourly Wage and the Likelihood of Stealing an Item
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作者 Benjamin Borketey David Borketey 《Journal of Data Analysis and Information Processing》 2024年第2期289-303,共15页
Researchers have extensively explored the impact of wages on individuals’ decisions to engage in property crimes. While most of these studies in the past have relied on macro-level data to investigate the relationshi... Researchers have extensively explored the impact of wages on individuals’ decisions to engage in property crimes. While most of these studies in the past have relied on macro-level data to investigate the relationship between crime rates and hourly wages, this paper takes a novel approach by utilizing micro-level data to examine the influence of hourly wages on the likelihood of stealing an item valued at least $50. The results obtained from the estimations reveal that an increase in hourly wage leads to a decrease in the probability of theft, all other factors being held constant. Further estimation by gender revealed that hourly wages given to both male and female have no bearing on the decision to steal. Additionally, the analysis of the differences in theft probabilities across gender and race demonstrates that males consistently exhibit a higher likelihood of engaging in theft when compared to females across various racial groups. 展开更多
关键词 CRIME Hourly wage MALE FEMALE Logistic Regression
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公平竞争审查制度能否缩小企业内部薪酬差距? 被引量:2
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作者 于良春 姜娜娜 《财经问题研究》 CSSCI 北大核心 2024年第1期44-56,共13页
缩小企业内部薪酬差距对缓解收入不平等和实现共同富裕具有重要意义。本文基于2010—2020年中国A股上市公司数据,运用双重差分模型实证检验了公平竞争审查制度对企业内部薪酬差距的影响及其作用机制。研究结果显示:公平竞争审查制度缩... 缩小企业内部薪酬差距对缓解收入不平等和实现共同富裕具有重要意义。本文基于2010—2020年中国A股上市公司数据,运用双重差分模型实证检验了公平竞争审查制度对企业内部薪酬差距的影响及其作用机制。研究结果显示:公平竞争审查制度缩小了企业内部薪酬差距,其对高管平均薪酬有显著负向影响,而对普通员工平均薪酬的影响不显著;公平竞争审查制度对企业内部薪酬差距的影响在非国有企业、高管持股比例较高企业和产业政策扶持行业的企业更明显;公平竞争审查制度通过促进市场竞争、规范政府补贴和规范税收优惠缩小企业内部薪酬差距;公平竞争审查制度对企业内部薪酬差距的影响是通过缩小超额薪酬差距实现的。本文丰富了企业内部薪酬差距影响因素方面的研究,也为进一步探索企业内部薪酬差距的治理机制提供了新视角。 展开更多
关键词 公平竞争审查制度 企业内部薪酬差距 市场竞争 政府补贴 税收优惠
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澳大利亚公务员现行工资制度研究
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作者 王秋蕾 熊缨 《中国人事科学》 2024年第7期17-23,共7页
澳大利亚公务员现行工资制度旨在为其各个政府机构的员工提供公平公正的薪酬框架,以确保公务员薪酬具有竞争力、透明度并符合公共服务的目标。工资由四个部分组成:一是基本工资,即支付给雇员的全职年度工资;二是各类福利,主要包括单位... 澳大利亚公务员现行工资制度旨在为其各个政府机构的员工提供公平公正的薪酬框架,以确保公务员薪酬具有竞争力、透明度并符合公共服务的目标。工资由四个部分组成:一是基本工资,即支付给雇员的全职年度工资;二是各类福利,主要包括单位缴纳的养老金、个人福利和其他补充性津贴等;三是各类奖金(bonus),主要包括个人绩效奖金、留任奖金(retention bonus)等;四是各类津贴(allowance),主要包括工作条件、取得资格和其他与工作相关的津贴,例如额外的职责津贴、资格或技能津贴等。在2017年到2021年期间,不同级别公务员的基本工资中位数均有所增加,但增长的速度各不相同。总体看,澳大利亚公务员工资制度具有以下特征:采用不同的聘用方式,允许公务员在使用不同协议时定制就业条款和条件;奖金类别较为丰富,包括个人绩效奖金、留任奖金、生产力奖、入职奖金、团队或机构奖金等;根据人员职位的职责、所需资格和复杂性进行分类,使用分类结构来确定薪资级别。同时,薪酬的透明度较高,有助于提升公务员之间的公平性、绩效激励的有效性和团队合作的一致性。了解澳大利亚公务员的工资制度,对深化我国公务员工资制度改革或将有所帮助。 展开更多
关键词 澳大利亚公务员 工资制度 薪酬管理
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国际上“生活工资”理念的实施进展及启示
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作者 王霞 张燕婷 《中国劳动》 2024年第1期76-86,共11页
国际劳工组织批准《关于工资政策问题(包括生活工资)专家会议报告的决议》,标志着生活工资理念在全球范围内进入实质性推行阶段。当前,全球仍有相当数量的工人面临工资低、劳动贫困等窘境,而协商对话机制对于劳动报酬权益的保障作用却... 国际劳工组织批准《关于工资政策问题(包括生活工资)专家会议报告的决议》,标志着生活工资理念在全球范围内进入实质性推行阶段。当前,全球仍有相当数量的工人面临工资低、劳动贫困等窘境,而协商对话机制对于劳动报酬权益的保障作用却在减弱。本文认为,国际劳工组织在总结一些国家和地区、机构以及跨国公司已有实践的基础上,在更大范围内倡导推行生活工资理念,这一举措意义重大,也将对未来各国的工资政策产生深远影响。本文提出,应密切关注这一趋势,切实掌握生活工资的真正内涵、测算原则以及实现路径,充分立足我国的工资分配实际,从认识层面、制度层面、技术层面和工作机制等层面,多措并举不断完善我国的工资分配制度。 展开更多
关键词 生活工资理念 工资分配制度 劳动报酬权益
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劳动关系的平衡与分化:基于工资议价的谈判地位测算
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作者 蒋卓余 《社会保障研究》 CSSCI 北大核心 2024年第1期56-69,共14页
伴随生产力和生产方式的变化,劳动关系发生变革,对劳动保护制度提出了新的挑战。在工资议价的理论框架下,运用2003—2021年中国综合社会调查数据和双边随机前沿模型,测算雇佣双方谈判地位并比较其结构差异,发现总体上我国雇佣双方谈判... 伴随生产力和生产方式的变化,劳动关系发生变革,对劳动保护制度提出了新的挑战。在工资议价的理论框架下,运用2003—2021年中国综合社会调查数据和双边随机前沿模型,测算雇佣双方谈判地位并比较其结构差异,发现总体上我国雇佣双方谈判地位的差距有所缩小,劳动关系呈现平衡发展的趋势,但谈判地位随雇佣双方特征及雇佣组合呈现出明显的异质性,男性、已婚、少数民族和城镇户籍的劳动者更具谈判优势,“农村户籍—国有企业”“低人力资本—大规模企业”雇佣组合劳动者谈判地位较低。因此,完善现行劳动保护制度有必要以谈判地位为依据,针对不同雇员、雇主和特定雇佣关系进行分类调整,真正实现劳动关系的实质平等。 展开更多
关键词 劳动关系 劳动保护制度 工资议价 谈判地位 双边随机前沿模型
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建立地区工资关系制度的思考
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作者 何宪 《中国人事科学》 2024年第5期1-10,共10页
妥善处理地区工资关系是机关事业单位工资制度的必然要求。在不同地区的自然条件、生活条件和经济发展水平差异较大的情况下,处理好地区之间的工资关系,成为科学工资制度的一个重大问题甚至是关键问题。我国曾实行过工资区类别制度,199... 妥善处理地区工资关系是机关事业单位工资制度的必然要求。在不同地区的自然条件、生活条件和经济发展水平差异较大的情况下,处理好地区之间的工资关系,成为科学工资制度的一个重大问题甚至是关键问题。我国曾实行过工资区类别制度,1993年改革废除这一制度后,新的地区附加津贴制度一直没有建立起来,但经历了两次清理规范津贴补贴。两次清理规范工作看似偶然地、被动地调整地区工资关系,但其中有很多带有合理性和规律性的东西,是我们处理地区工资关系的重要经验和宝贵财富。合理调节地区工资关系,需要根据实际情况,建立与国情和管理体制相适应的地区工资的制度。 展开更多
关键词 机关事业单位 地区工资 工资关系 工资管理制度
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“放管服”改革背景下高校工资制度改革研究
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作者 马晶林 张冲 《市场周刊》 2024年第10期175-178,共4页
在经济迅速发展的背景下,高校工资制度也发生了新的变化。文章以“放管服”改革措施以及高校工资制度相关文献资料为参考,对高校工资制度的改革措施进行了综合分析,倡导在高校绩效工资总额制订、工资分配方案、工资组成结构、工资绩效... 在经济迅速发展的背景下,高校工资制度也发生了新的变化。文章以“放管服”改革措施以及高校工资制度相关文献资料为参考,对高校工资制度的改革措施进行了综合分析,倡导在高校绩效工资总额制订、工资分配方案、工资组成结构、工资绩效考核等方面做好工作,在提高高校工资制度自主权的当下,创造出更加具有科学合理性的工资制度,以增强高校内部运转的活力。希望可以提供一些参考与意见,从而弥补传统工资制度中存在的不足,提高高校内部管理效果。 展开更多
关键词 “放管服”改革 高校 工资制度 措施
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Wage and Income Distribution in China:Review and Outlook 被引量:5
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作者 Zhang Juwei Zhao Wen 《China Economist》 2019年第1期94-132,共39页
Under the planned economy,China’s distribution relations were relations among the state,state-run enterprises,employees and the collective economy;relations between heavy industry and light industry;and relations bet... Under the planned economy,China’s distribution relations were relations among the state,state-run enterprises,employees and the collective economy;relations between heavy industry and light industry;and relations between cities and the countryside.After China’s transition to a market-oriented economy,the distribution relations among the state,state-run enterprises and employees evolved into distribution relations between the government,enterprises and households;the distribution relations between heavy industry and light industry evolved into distribution relations between the state sector and the private sector;and the distribution relations between cities and the countryside evolved into distribution relations between original urban dwellers and migrant populations.Wage system reform was carried out throughout the transition of these three types of distribution relations.Income distribution contradictions in China,which are a problem left over from history and intrinsic to the market-based economy,eased over the years.Some people and regions achieved prosperity,and urban-rural and interregional income gaps narrowed.However,widening household income gaps pose barriers to China’s economic sustainability and vision of building a moderately prosperous society in all respects.Mechanisms to promote common prosperity are incomplete and inadequate.The disequilibrium of functional distribution is an important cause of these income inequalities.The overall wage level of ordinary workers is low.In the future,China'should give full play to the decisive role of the market in primary distribution to ensure proper return to all types of factors,and enhance redistribution to achieve common prosperity for all its people. 展开更多
关键词 wage income distribution labor compensation household income Ginicoefficient personal income tax
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Post-industrial Economic Restructuring and Wage Inequality in Urban China, 2003-2015: A Sectoral Perspective 被引量:1
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作者 YANG Fiona Fan HU Fox Zhiyong WANG Yuhua 《Chinese Geographical Science》 SCIE CSCD 2020年第3期516-531,共16页
Income inequality in urban China has attracted growing attention from China’s urban researchers and policy makers. Whereas many studies have interrogated the pattern and process of the income gap in Chinese cities un... Income inequality in urban China has attracted growing attention from China’s urban researchers and policy makers. Whereas many studies have interrogated the pattern and process of the income gap in Chinese cities undergoing the institutional transformation from plan to market, relatively little is known about how such unequal distribution of income is related to China’s ongoing structural transformation toward a post-industrial economy. Drawing on a decomposition methodology based on the Theil index, this study aimed to address this lacuna through an empirical investigation of China’s urban wage inequality from a sectoral perspective. Our empirical study identified the low-wage manufacturing sector and the high-wage producer services sector as the two biggest contributors to urban wage inequality in China. Urban wage inequality within the producer services was found to be caused by the spatial concentration of a disproportionate number of high-paying jobs in a few developed, high-tier city-regions on the eastern coast. Our empirical findings have important implications for the formulation of policies to address the income inequality that plagues China’s continuing urbanization. 展开更多
关键词 wage inequality post-industrial economy economic restructuring producer service urban China
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An Empirical Analysis of Employment Stability and the Wage Gap of Rural Migrants in China Based on Quantile Regression 被引量:1
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作者 Liu Baihui Kou Enhui 《China Economist》 2013年第6期98-111,共14页
Under the background of accelerated integrated urban-rural development, this paper offers an analysis on the short-term employment of rural migrants in China and resulting wage gap between long-term and short-term rur... Under the background of accelerated integrated urban-rural development, this paper offers an analysis on the short-term employment of rural migrants in China and resulting wage gap between long-term and short-term rural migrants. On the basis of correcting for sample selection problems arising from labor market participation and short-term employment, rural migrants' wage function is estimated using quantile regression method, and wage gap between long-term and short-term rural migrants is decomposed using MM method. Our empirical results suggest that those with a higher level of education, training experience and local employment recommended by family relations or in formal labor market are more likely to secure long-term labor contract," region and education have significant contributions to the wage of rural migrants," rural migrants of both long- and short-term contract types have great gaps at the bottom of salary distribution; and there exists a sticky floor effect in wage difference of rural migrants. These results have important policy implications in enhancing employment stability of rural migrants, improving income distribution equity, speeding up the process of urbanization, and balancing regional development. 展开更多
关键词 rural migrant workers wage gap quantile regression sticky floor effect
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Changes of Wage Structures in Chinese Public and Private Sectors: 1995-2007 被引量:1
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作者 Xinxin Ma 《Management Studies》 2016年第6期243-255,共13页
Using CHIP (Chinese Household Income Project Survey) data and the sample selection bias corrected wage function model, this paper estimated changes in wage structure in China by ownership types (SOEs, COEs, FEs, an... Using CHIP (Chinese Household Income Project Survey) data and the sample selection bias corrected wage function model, this paper estimated changes in wage structure in China by ownership types (SOEs, COEs, FEs, and PEs) in 1995 and 2007. The major conclusions are as follows. First, effects of education on wage levels in SOEs and FEs become greater, while education effects decrease in SOEs and PEs under economic transition periods; firm-specific human capital becomes more important in the wage determination mechanism along with market-oriented reforms in SOEs, PEs, and FEs; age effect decreases in SOEs and COEs, but it becomes greater in PEs and FEs. Second, there exist wage structure differences between sectors by wage distributions. For example, in 2007, in SOEs, education return rates are higher for the low-wage and middle-wage groups, and the effect is the highest at the 40th percentile. However in COEs and FEs, education return rates are higher for the high-wage groups, and the effect is the highest at the 70th percentile in COEs and at the 70th percentile in FEs. Tenure effects are greater in the middle-wage groups (40th-80th) in SOEs, COEs, and FEs, and age effects are greater in the low-wage groups (5th-30th) in SOEs, FEs, and PEs. 展开更多
关键词 public and private sectors wage structure human capital Chinese economic transition
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Modelling of Wage and Income Distributions Using the Method of L-Moments 被引量:1
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作者 Diana Bilkova 《Journal of Mathematics and System Science》 2012年第1期13-19,共7页
Commonly used statistical procedure to describe the observed statistical sets is to use their conventional moments or cumulants. When choosing an appropriate parametric distribution for the data set is typically that ... Commonly used statistical procedure to describe the observed statistical sets is to use their conventional moments or cumulants. When choosing an appropriate parametric distribution for the data set is typically that parameters of a parametric distribution are estimated using the moment method of creating a system of equations in which the sample conventional moments lay in the equality of the corresponding moments of the theoretical distribution. However, the moment method of parameter estimation is not always convenient, especially for small samples. An alternative approach is based on the use of other characteristics, which the author calls L-moments. L-moments are analogous to conventional moments, but they are based on linear combinations of order statistics, i.e., L-statistics. Using L-moments is theoretically preferable to the conventional moments and consists in the fact that L-moments characterize a wider range of distribution. When estimating from sample L-moments, L-moments are more robust to the presence of outliers in the data. Experience also shows that, compared to conventional moments, L-moments are less prone to bias of estimation. Parameter estimates obtained using L-moments are mainly in the case of small samples often even more accurate than estimates of parameters made by maximum likelihood method. Using the method of L-moments in the case of small data sets from the meteorology is primarily known in statistical literature. This paper deals with the use of L-moments in the case for large data sets of income distribution (individual data) and wage distribution (data are ordered to form of interval frequency distribution of extreme open intervals). This paper also presents a comparison of the accuracy of the method of L-moments with an accuracy of other methods of point estimation of parameters of parametric probability distribution in the case of large data sets of individual data and data ordered to form of interval frequency distribution. 展开更多
关键词 L-MOMENTS method of L-moments of parameter estimation lognormal distribution wage distribution income distribution.
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How Does Technological Progress Affect Employment and Wage Differences in China's Information Industry 被引量:1
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作者 李春梅 杨蕙馨 《China Economist》 2013年第4期44-56,共13页
Combining the development status of information industry in China and based on theoretical discussions on labor demand and supply as well as the comprehensive analysis on endogenous technological progress and exogenou... Combining the development status of information industry in China and based on theoretical discussions on labor demand and supply as well as the comprehensive analysis on endogenous technological progress and exogenous educational quality, this paper concludes that the technological progress of information industry in China is skill- biased, i.e. technological progress of information industry increases the demand for skilled labor while decreases the demand for unskilled labor, and aggravates the wage difference between these two types of labor. Due to the effect of educational quality, the ratio of skilled labor employment to unskilled labor employment will reach a dynamic equilibrium and the wage difference between skilled labor and unskilled labor will not increase continuously. This paper then proves the foregoing conclusion with data of information industry in 26 provinces (autonomous region, municipality). Focusing on typical skill-intensive information industry, this paper mainly studies the influence of educational quality, which not only complements the theoretical analysis on dual effects of technological progress on employment, but also provides feasible and practical basis to policies promoting the development of technological progress and full employment in China. 展开更多
关键词 information industry skill-biased technological change EMPLOYMENT wage nce
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Wages and Salaries of Czech Men and Women at the Beginning of the Third Millennium and the Impact of the Economical Recession on Their Development
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作者 Diana Bilkova 《Journal of Statistical Science and Application》 2014年第2期70-78,共9页
This paper deals with the development of the wage distribution in the Czech Republic since 2003, according to gender. It is a development of descriptive characteristics of location, differentiation and shape of wage d... This paper deals with the development of the wage distribution in the Czech Republic since 2003, according to gender. It is a development of descriptive characteristics of location, differentiation and shape of wage distribution, but also the development of concentration characteristic of wage distribution. Gross monthly wage of Czech employees represents the variable under research. Emphasis is placed on changes in the development of wage distribution since 2009 in connection with the onset of economic recession. The economic crisis has greatly influenced the development of the wage distribution in the Czech Republic, wage growth virtually stopped at this time. Differences in the development of wage distribution between men and women in the Czech Republic are also under this research. Development of wage distribution has been studied by modelling the distribution. Three-parametric lognormal curves are served as a theoretical probability distribution whose parameters were estimated using the L-moment method of point estimate of parameters. Dependence of gross monthly wage on gender has been the subject of research as well. This dependence was researched using one-way analysis of variance. Forecast of wage distribution of men and women in the Czech Republic for the years 2012 and 2013 is included in this research. 展开更多
关键词 wage distribution of men and women in the Czech Republic impact of globalcharacteristics of location differentiation shape and concentration of wage distribution gender development of wage distribution in timeeconomic crisis on wagedependence of wage on
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Determinants of Wages and Labour Supply in the UK
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作者 KeshabBhattarai 《Chinese Business Review》 2017年第3期126-140,共15页
We explore characteristics of the UK labour market with special emphasis on explanation of the existing wage inequalities, determinants of participation, and variation in the magnitude of hours of labour supplied am... We explore characteristics of the UK labour market with special emphasis on explanation of the existing wage inequalities, determinants of participation, and variation in the magnitude of hours of labour supplied among individuals. We explain up to 92 percent of variance in the wage rates from the supply side. Accuracy of the model is accounted by a variety of factors relevant to the labour market such as gender gaps, marital status, on and off the job training, fluency in English, and regional characteristics. The study is quite distinct, since it not only incorporates variables pertinent from the economic point of view, but also some quantified qualitative regressors relating to individuals’ opinions and political preferences. Interestingly, we find that the psychological profile of an individual has a very big influence over his decision on whether to participate, but once he joined the labour force his personal beliefs and opinions have no further impact on the probability of finding a job. The chance of being employed once participating depends mainly on the local labour market conditions. We also report unbiased and reliable estimate of labour supply elasticity based on British Household Panel Survey (BHPS) sample. 展开更多
关键词 labour supply determinants of wage PARTICIPATION SELF-SELECTION probabilistic models
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Quantile Regression Analysis on Sex Wage Difference
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作者 Qi YAN 《Asian Agricultural Research》 2017年第7期1-10,14,共11页
Based on the investigation data of social position of national women in the third phase by National Women's Federation and National Bureau of Statistics in 2010,regression analysis on sex wage difference is conduc... Based on the investigation data of social position of national women in the third phase by National Women's Federation and National Bureau of Statistics in 2010,regression analysis on sex wage difference is conducted. It is divided into two parts. The first part is the impact on wage by sex,and it is divided into whole country,eastern,central and western regions. The second part is the impact on wage by different education backgrounds. It tries to explore sex wage difference situation at different positions of wage distribution,study if there exists " ceiling effect" or " floor effect" in population's wage distribution situation,sex wage difference situation in eastern,central and western regions and the education's impact on future income situations of men and women. 展开更多
关键词 Quantile regression Sex wage difference Ceiling effect Floor effect
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Monopoly Causes Inter-industry Wage Differentials
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作者 史先诚 《China Economist》 2007年第6期53-61,共9页
Inter-industry wage differentials in China, measured in terms of average employment earnings by industry, are significant and have been increasing since 1988. The coefficient of variables measuring inter-industry aver... Inter-industry wage differentials in China, measured in terms of average employment earnings by industry, are significant and have been increasing since 1988. The coefficient of variables measuring inter-industry average earning differentials is apparently on the rise along with the subdivision of industry. A theoretical analysis of the labour market indicates that inter-industry wage differentials are mainly due to human capital variation among the employees of different industries and the likelihood of monopoly rent sharing. An empirical study finds that employee characteristics such as sex, age and education can only explain 60 percent of CVs in the period 2003 to 2005 and the rest may be due to the effect of monopoly rent sharing in certain industries. A residual analysis of wage equation proves that the monopoly industries of technology or knowledge share a small proportion of rents with employment, whereas non-competitive monopoly industries generally garner an abnormal share of rents, as much as half of their above-average earnings for their industries. Such abnormal rents and benefits are mainly the result of low cost natural resources, the use of state-owned assets, the misappropriation of consumer welfare and the seeking of fiscal or social subsidy for cost inflation. So, China should deal with the non-competitive monopoly industries by reforming their monopoly power and primary social distribution mechanism to structure a fair income distribution order. 展开更多
关键词 Inter-industry wage DIFFERENTIALS MONOPOLY RENT sharing.
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Estimating the Relative Level of Minimum Wage in China
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作者 叶林祥 李实 杨灿 《China Economist》 2016年第5期84-96,共13页
It is generally believed in existing literature that China's minimum wage is too low and must be raised substantially. Such a view is highly misleading given the inconsistent statistical standards for minimum and ave... It is generally believed in existing literature that China's minimum wage is too low and must be raised substantially. Such a view is highly misleading given the inconsistent statistical standards for minimum and average wages. In order to ensure comparability, this paper has adjusted the statistical scope for minimum and average wages respectively. If employees of urban private and self-employed businesses are included in calculating the average wage, the minimum-to-average wage ratio will increase by about 0.06; if the minimum wage standards of various localities include personal contributions to social insurance and the housing fund, the minimum-to-average wage ratio will increase by 0.008; if overtime pay is deducted from the average wage, the minimum-to-average wage ratio will further increase by around O. 06.In addition, if the median wage is used in place of the average wage, the minimum-to-average wage ratio will increase by at least 0.08. After these adjustments, China's minimum-to-average wage ratio for 2013 will increase from 0.28 to 0.49, which is within the range of between 0.40 and 0.60 that is recognized internationally as reasonable. Our analysis suggests that as far as the immediate interests of workers are concerned, it is more imperative to unify the statistical approaches for minimum and average wages in China than to raise the minimum wage standard. In order to achieve the expected effect, simply raising the minimum wage alone is not enough. What is also necessary is to enhance supervision and inspection on compliance by firms with the minimum wage policy, particularly the overtime pay regulations. An alternative is to replace monthly minimum wage with hourly minimum wage. 展开更多
关键词 minimum wage urban private and self-employed businesses overtime pay wage gaps
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Application of Pareto Distribution in Wage Models
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作者 Diana Bilkova 《Chinese Business Review》 2011年第11期974-984,共11页
This paper deals with the use of Pareto distribution in models of wage distribution. Pareto distribution cannot generally be used as a model of the whole wage distribution, but only as a model for the distribution of ... This paper deals with the use of Pareto distribution in models of wage distribution. Pareto distribution cannot generally be used as a model of the whole wage distribution, but only as a model for the distribution of higher or of the highest wages. It is usually about wages higher than the median. The parameter b is called the Pareto coefficient and it is often used as a characteristic of differentiation of fifty percent of the highest wages. Pareto distribution is so much the more applicable model of a specific wage distribution, the more specific differentiation of fifty percent of the highest wages will resemble to differentiation that is expected by Pareto distribution. Pareto distribution assumes a differentiation of wages, in which the following ratios are the same: ratio of the upper quartile to the median; ratio of the eighth decile to the sixth decile; ratio of the ninth decile to the eighth decile. This finding may serve as one of the empirical criterions for assessing, whether Pareto distribution is a suitable or less suitable model of a particular wage distribution. If we find only small differences between the ratios of these quantiles in a specific wage distribution, Pareto distribution is a good model of a specific wage distribution. Approximation of a specific wage distribution by Pareto distribution will be less suitable or even unsuitable when more expressive differences of mentioned ratios. If we choose Pareto distribution as a model of a specific wage distribution, we must reckon with the fact that the model is always only an approximation. It will describe only approximately the actual wage distribution and the relationships in the model will only partially reflect the relationships in a specific wage distribution. 展开更多
关键词 Pareto distribution Pareto coefficient estimation methods for parameters least squares method wage distributions
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Effects of Minimum Wage Hikes on the Formalization of Employment
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作者 张军 赵达 周龙飞 《China Economist》 2017年第5期84-98,共15页
Despite the intention of minimum wage policy to maintain the living standards of low-income groups in the formal sector, this paper has found that the actual result of this policy produces the "big push" impact on C... Despite the intention of minimum wage policy to maintain the living standards of low-income groups in the formal sector, this paper has found that the actual result of this policy produces the "big push" impact on China's economy under certain conditions, i.e. it is conducive to achieving the equilibrium of high wage, high consumption and formalization. The result shows that the elasticity of income growth from raising the minimum wage standard is greater for formal sector employees than for informal sector employees and is characterized by a U-shaped pattern in terms of quantiles. Thus, minimum wage hikes have widened wage gaps between and within sectors. Rising minimum wage standards greatly stimulate consumption with each 10% increase expected to bring about an additional urban household consumption of about 1.167 billion yuan in the surveyed four provinces. With local minimum wage hikes, the formal sector of wholesale and retail, hotel and catering services expands and the informal sector contracts, while the real estate sector experiences a "reverse formalization" trend. Based on the "big push theory", this paper concludes that against the backdrop of extensive, frequent and substantial minimum wage hikes, demand and sector TFP growth are the major causes of sector heterogeneity. 展开更多
关键词 minimum wage standards employment formalization of informal sectors TFP product demand
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