How can multinational corporations (MNCs) amplify the adverse employment effect of domestic minimum wage policies? Lessons from Korea
Given that multinational corporations are increasingly influential, governments may need to reassess trade policies and domestic labor market policies. This study investigates the impacts of the stricter labor market regulations across firms over 2013-19 in Korea.
South Korea Republic Of Korea Wage Commission Of Republic Korea Minimum Wage Increases Minimum Wage Commission Estimation Results
Source: worldbank.org