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Nhan đề: Do minimum wage increases cause inflation? evidence from Vietnam
Tác giả: Cuong, Nguyen Viet
Từ khoá: Minimum wages,
Năm xuất bản: 15-Dec-2011
Tùng thư/Số báo cáo: ASEAN Economics Bulletin;Volume 28, Issue 3, Page 337-59
Tóm tắt: It is often argued that minimum wage increases can lead to increased inflation. This paper examines the impact of minimum wage increases on inflation in Vietnam during the 1994-2008 period. Inflation is measured by a monthly overall Consumer Price Index (CPI) and a monthly food CPI. It is found that the minimum wage increases did not increase inflation. Since the minimum wage increases often took place one or two months before the Vietnamese New Year festivals, observed increases in monthly inflation after the minimum wage increases were caused by increased consumption demand during the New Year festivals, not by the minimum wage increases.
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Appears in Collections:Economic development

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