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Increases in the cost of providing health insurance must have some effect on labor markets, either in lower wages, changes in the composition of employment, or both.
In my sample, I match minimum wages changes with the following year's immigrant counts.
We combine the information on minimum wages changes with employment data from the Annual Survey of Industrial Firms, which covers over 70percentt of China's manufacturing employment.
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Nor will higher wages change things.
But in reality, wages change differently than consumer prices do.
What the authors did not mention in that passage was why wages changed so markedly.
While her wages change little, she said: "My electricity went up $16 a month two months ago.
She said: "People move house, jobs change, wages change - everything is a factor.
In response to a 1%% shock, relative wages change by about 0.5 % after 10 years.
In a few cases, state minimum wages changed in July or after.
In these features, the lending rate and average wages change little and usually remain constant over a long period.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com